Taiwanese LED packaging firms performed much better in October than the chipmakers who supply...
Wednesday, November 16, 2011, 8:45 AM ETTaiwanese LED packaging firms performed much better in October than the chipmakers who supply them - the former group saw revenues grow 0.9% Y/Y, while the latter saw them decline 21.7%. This could be a positive for downtrodden LED chipmakers CREE and LEDS, since it suggests packaging firms could be burning through their LED chip inventory.
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