China government to end financial aids to LED makers

China's State Council (central government) has ordered its subordinate agencies and local governments to stop offering subsidies and tax incentives for China-based LED epitaxial wafer and chip makers because such offering has disrupted market mechanisms and may violate WTO rules, leading to international trade disputes, according to LED industry sources in Taiwan.

from DIGITIMES: IT news from Asia http://ift.tt/1wUF1QG

via Yuichun