The oversupply situation in the LED market this year has pushed most LED companies to size decrease or colsed down, relating to LED industry report by Chinese News.
Most companies intend to get rid of its LED chip and package business, which has failed to the working capital losses into profit since its founding. The post was not particular on which LED industry was being a major reform, and simply provided the big trends of LED industry development. For example, The Korea company Iljin has two LED chip and package businesses respectively Iljin LED founded in 2012 that is mainly produced LEDs for automotive lighting, lighting and backlight applications, and Iljin Semiconductor founded in 2007 that is an expert in LED package products for display backlight. LED is a part of Iljin Materials, but is not the mentioned for Iljin Semiconductor.dependents on a Bloomberg’s presentation of the LED businesses
the business provides directed it is program to be able to Seoul Core Area The courtroom by December. 20, 2015, and is also looking forward to the particular judge’s ultimate lording it over. It truly is rumored the particular GUIDED enterprise restructure has been done in order to avoid in a negative way impacting on the particular father or mother business Iljin Supplies financial
In addition, Korean company LG also prepared to reduce its LED lighting business. Even the lighting requirement is expanding, but the maket price still unblanced with supply and demand resulting the oversupply situation in the market at present. Because of the fierce competition between the LED manufacturers, the similar quality always have the lower price. So LG designed to reduce the scale of led lighting devision.
As the growth of LED industry the scale of commercial profit and technology trends has be turned. Syhdee think LED technology research development will be the main important policy to maintain our competitive edge, and update the standard of products, used profit scale to increase the price competition. For application the Global LED Industry’s fierce transform and development trend Syhdee has began to establish its own laboratory to better develop a high-quality and practicability LED tube. Syhdee insisting the business philosophy of “Making All Efforts to Manufacture the Best LED Tube” since its establishment. Every year Syhdee invests much capital and recourse in research development which can grasp many Key technique. For expected the resource specific for research development and equipments will be increase in 2016.