Continental LED flooding subsidies jeopardize Taiwanese industry's call for subsidies to return to rationality

Taiwan's LED industry said that the two years of LED overcapacity in the past two years, indirectly let the price of the rise of the inferior, is the mainland's floating subsidy policy, if the Chinese government's policy changes in the future, will help the entire LED industry order, and Taiwan’s companies with core competitiveness and good operational capabilities will win.

Governments across the mainland have offered a variety of subsidies, especially the purchase of LED epitaxial machine subsidies of 10 million yuan (about NT$48 million), but the production, management experience of technology, talent, and LED are not in place. Many LED epitaxial plant machines are idle, waste resources, but fat equipment factory in Europe and America.

The director of the LED upstream epitaxial plant said that there had been a visit by the Bank of China. When it comes to LED-related companies in mainland China, there are 3,000 cases waiting for financing. There are as many as 70 or 80 upstream in China, but only Sanan is really large. Dehao Runda, the downstream packaging factory is even more than a hundred, Taiwanese businessmen in the mainland's LED factory had cooking staff, leaving an LED packaging factory, the mainland's floating subsidies, so that the industrial order is chaotic, Indirectly endangering Taiwanese players.

Wu Qinghui, chairman of Dongbei Optoelectronics, said that if the Chinese government cancels subsidies for machinery and equipment, it will be a good phenomenon.

Zhang Shixian, deputy general manager of Jingyuan Optoelectronics, said that the new direction of the mainland is to jointly develop standards for cross-strait cooperation. After credible institutional testing, companies with good quality and cost competitiveness will receive subsidies. This is for LED companies and consumption. And a subsidy policy for the country.

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