Calling the LED subsidy policy or causing a major bearish

According to Taiwan media quoted on December 23, the mainland government will request to stop subsidies or tax incentives for LED-related wafer and chip manufacturers. According to reports, such subsidy policies undermine market mechanisms and may violate WTO rules.

Such a message is true, which will cause a significant negative impact on the LED industry.

Earlier, the reporter reported that although the LED industry as a whole has been on the road to recovery since last year, many LED upstream and downstream enterprises revealed that “incremental increase is not increased”, the root cause lies in the increase in price, and the vicious competition in the industry is very serious.

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