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Home > 1H14 financial reports
2014-09-19

Financial Dangers Lurk in the Shadows of China’s Burgeoning LED Industry

Escalating market competition in China’s LED industry has spurred vendors to acquire orders by offering customers generous loan terms, but when buyers delay payment, it adversely affects manufacturers’ liquidity. If delayed accounts receivable become bad debts or uncollectible accounts then the consequences can be dire.
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