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The LED industry has high hopes for China (I, II), but for now, the Chinese market is as plagued...
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Monday, November 21, 2011, 9:58 AM ETThe LED industry has high hopes for China (I, II), but for now, the Chinese market is as plagued by the industry's near-term woes as other locales, if not more so. Fierce competition among an estimated 5K-6K local suppliers of LED packages has led to "high levels of inventory and oversupply," which in turn has led to plummeting prices for both packages and chips. (earlier)
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