Henan LED companies trapped in price wars, little effort on
As LED backlighting demand weakened starting the fourth quarter of last year, LED industry moved into traditional off-season. And in the first quarter of this year, most LED companies has sustained low performance due to fewer working days and continued weak demand.

After the Spring Festival, Taiwan LED industry has seen evident trend of recovery. More customers come to enquire orders, some of which are large orders and rate of capacity utilization improves, which is expected to reach over 70%-80% from March, high season of the industry.
 

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