China LED makers cut prices, Taiwan makers to follow suit

China-based LED makers' production capacity expansion in the first half of 2014 has since resulted in oversupply, forcing them to reduce quotes to compete for orders in the fourth quarter. Taiwan-based competitors will follow suit in cutting prices, with quotes for backlighting products used in hand-held devices to drop by about 10%, according to industry sources.



from DIGITIMES: IT news from Asia http://ift.tt/1v8f6Qo

via Yuichun