2019-05-06

High Inventory Crisis for Chinese LED Chip Makers Might Escalate with Trump’s Tariffs

U.S. President Donald Trump said on Sunday that the tariffs on US$200 billion of Chinese goods will be raised to 25 percent from 10 percent on Friday, May 10, 2019. The Chinese LED chip manufacturers have reached a record high inventory level due to increased capacity and tepid demand, as well as the trade disputes starting 2018. If the tariffs come to effect, the sluggish LED industry might encounter even greater challenges. The LED industry has suffered from low price competition thanks to over supply as Chinese LED makers continued their capacity expansion...
Continue reading

Delivering a new game-day experience to Tar Heels fans at Kenan Stadium, Daktronics (NASDAQ: DAKT) of Brookings, South Dakota, partnered with the University of North Carolina (UNC) in Chapel Hill to manufacture and install 11 LED displays tota... READ MORE

Sumitomo Chemical is pleased to announce its participation in PCIM Europe 2026, which will be held in Nuremberg, Germany, from Tuesday, June 9 to Thursday, June 11, 2026. Established in 1979, this annual event showcases the latest advancements... READ MORE