2017-02-14

LED Chip Makers Facing Price Pressure from Chinese Partners

Due to recent pollution crackdown by Chinese authorities, the steel industry in China has halt production and undergone consolidation, leading to a dramatic price surge in steel products. As a result, prices of LED chip and packages have also increased, further resulting in a price hike in LED end products.
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Daktronics (NASDAQ: DAKT) of Brookings, South Dakota, has partnered with the Winnipeg Blue Bombers to manufacture and install two end zone video displays at Princess Auto Stadium in Manitoba, Canada. The end zone displays complement last year&... READ MORE

ams OSRAM and Traxon Lighting Ltd. officially announced the long-term extension of their strategic brand licensing partnership well into the next decade, reinforcing the continued presence of the OSRAM brand in key Asian markets. Several light... READ MORE