The LED industry has high hopes for China (I, II), but for now, the Chinese market is as plagued...

|By:, SA News Editor

The 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)