2017-02-14

LED Chip Makers Facing Price Pressure from Chinese Partners

Due to recent pollution crackdown by Chinese authorities, the steel industry in China has halt production and undergone consolidation, leading to a dramatic price surge in steel products. As a result, prices of LED chip and packages have also increased, further resulting in a price hike in LED end products.
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In recent years, the LED display industry has experienced rapid growth, driving fierce market competition. While domestic price wars have intensified, Kinglight has maintained steady progress by relying on its strong technological expertise an... READ MORE