2015-08-28
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had come perhaps a bit too late for some. Yet, it is probably too early to make the Chinese government as the scapegoat for the woes of the LED industry. Here’s why.
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2014-12-25
The Chinese central government recently issued a statement requesting local governments to stop issuing LED chip and wafer subsidies or offer favorable tax conditions.
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2014-12-23
The Chinese central government’s policy to terminate LED industry subsidies will be extended to local governments, according to a latest Chinese-language UDN report.
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