2018-12-04

U.S. - China Trade War Truce Increases Uncertainty in the LED Industry

The LED industry has been involved in the trade war between the United States and China as LED components and related lighting products were included in the list of extra tariffs. LEDinside has been tracking the impacts of the trade war, which is believed to have led to the aggravation of oversupply in the LED industry. The two countries have recently reached a trade truce by suspending the new tariffs for 90 days. However, LEDinside believes that the delay would bring increased uncertainty into the LED industry. Figo Wang, senior analyst of LEDinside, pointed...
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2018-10-26

China Increases Duty Drawback Rates for Luminaires to Fight the Trade War

The Chinese government has launched new policies to reduce the impacts of the U.S. tariffs on Chinese exporters. One of them is to raise duty drawback rates for the exported products. The policy will become effective on November 1st, 2018.
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE