2018-12-04
The LED industry has been involved in the trade war between the United States and China as LED components and related lighting products were included in the list of extra tariffs. LEDinside has been tracking the impacts of the trade war, which is believed to have led to the aggravation of oversupply in the LED industry. The two countries have recently reached a trade truce by suspending the new tariffs for 90 days. However, LEDinside believes that the delay would bring increased uncertainty into the LED industry.
Figo Wang, senior analyst of LEDinside, pointed...
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2018-11-02
DMF Lighting, a U.S. based LED lighting company has released a press release to emphasize that the company would not raise the prices of its products due to tariffs.
The company addressed that it is committed to delivering the same products with value that customers have come to expect. According to DMF Lighting, the majority of its manufacturing facilities are located outside of China, making most of its products unaffected by the tariffs. Its supply chain is also not interrupted.
“Our intention is to keep our prices at the same levels despite the Section 30...
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2018-10-26
The Chinese government has launched new policies to reduce the impacts of the U.S. tariffs on Chinese exporters. One of them is to raise duty drawback rates for the exported products. The policy will become effective on November 1st, 2018.
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2018-10-11
Prices of mainstream LED package products in the Chinese market dropped slightly in September, according to the latest price report released by LEDinside, a division of TrendForce.
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