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Rebounding component demand from TV OEMs (previously) is providing a lift to Taiwanese LED...

  • Wednesday, April 4, 2012, 2:08 PM ET
    Rebounding component demand from TV OEMs (previously) is providing a lift to Taiwanese LED chipmakers, reports Digitimes. Firms are said to be posting utilization rates in the 70%-90% range - a positive for an industry hit hard by oversupply. The report could be contributing to the healthy performance of Taiwan's SemiLEDs (LEDS +2.3%); U.S. rival Cree (CREE -4.2%) is following the tech sector lower.
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