Taiwanese LED packaging firms performed much better in October than the chipmakers who supply...

|By:, SA News Editor

Taiwanese 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.