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LED industry overcapacity ,Korean manufacturers collective drawdown

  • Author:Eunice
  • Source:net
  • Release on :2016-01-03
         Shenzhen Risen OPTO CO.,Ltd,led flood light supplier,Aluminum Alloy Flood Light Manufacturers,waterproof led lamps supplier china.LED industry oversupply, Korean manufacturers have decided to make downsizing. ETNews 23 日 Korean media reported, Nisshin Group (Iljin Group) is currently being liquidated its LED chip and packaging business, was to go to December 18 Seoul Central District Court (Seoul Central District Court) application for reorganization proceedings, the fate of the cross to the judge to decide. Iljin Group's parent company is the battery factory Nisshin copper company (ILJIN Materials Co., Ltd.), Nissin Group show rumors decision to reforming, is to avoid affecting the financial position of the parent company. Since the day the LED business since its inception, never turn a profit in any year.

         In addition, SKC also plans to incorporate LED lighting business SKC Lighting, is expected tomorrow (2016) in March to complete all programs. SKC Lighting was founded in September 2011, when SKC think LED lighting market should be able to sustainable development, no one thought of this LED business operations are no improvement has been established, it is difficult to operate independently.

        In addition, Samsung Electronics (Samsung Electronics Co.) is also in September will be downgraded to a LED business department operations group, while LG Innotec LED had hoped to become dominant, but now quietly sapphire wafers (Sapphire Wafer) business sold to Sumitomo Chemical ( Sumitomo Chem) and Samsung's joint venture subsidiary SSLM.

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