2014-08-22

Taiwanese LED Manufacturers August Performance Unaffected by Recent Stock Slip

Taiwanese LED stocks plunged on Aug. 21, 2014 over rumors of Chinese government’s intention to raise LED tariffs. To clarify market rumors, LED manufacturers Lite-On, Everlight, Epistar and Unity Opto all stated they did not receive any notices regarding increased tariffs from Chinese authorities, and an uptick in tariffs would have limited impact since they all had LED factories in China. These Taiwanese LED manufacturers also emphasized delivering good revenue performances for August 2014.
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