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...
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Strawberries flourish in a Controlled-Environment Agriculture Installation with Horticulture LED lighting provided by Cree LED and RED Horticulture. (Photo courtesy of RED Horticulture) The integration of technology into every aspect of life i... READ MORE

The prior blog titled “Nichia’s contribution to a realization of a mercury-free society” took a short break. However, there was a release about new LED-based water disinfection devices made by Miura Co., Ltd., a Japanese manu... READ MORE