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2014-11-07

Chinese Manufacturers Driving LED Industry’s Low Price Trend

Philips decision to spin-off Philips Lumileds, automotive lighting and later lighting business in mid-2014 was mainly caused by emergence of Chinese LED manufacturers, and rapid market changes, said Roger Chu, Research Director of LEDinside at LEDforum 2014 held in Taipei, Taiwan on Oct. 24, 2014.

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