Chinese LED Chip Makers Drastically Modify Expansion Plan Due to Weak End-Market Demand

Summary: According to a survey conducted by LEDinside, a research division of TrendForce, because of the subsidy policies enacted by local governments in 2010, Chinese LED chip makers planned to expand their capacity and increase the amount of MOCVD equipment to target at the prospects of the LED lighting market in 2011. However, affected by the uncertain end-market demand of the LED industry in 2011, th........

According to a survey conducted by LEDinside, a research division of TrendForce, because of the subsidy policies enacted by local governments in 2010, Chinese LED chip makers planned to expand their capacity and increase the amount of MOCVD equipment to target at the prospects of the LED lighting market in 2011. However, affected by the uncertain end-market demand of the LED industry in 2011, the inventory levels of LED products continue to rise. Therefore, LED manufacturer........
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