Samsung and LG to reduce the size of the LED chip business

According to South Korean media news, South Korean giant Samsung (Samsung) and LG in the days before both reduce the chip business of their LED, and Chinese due to South Korea that market makers have fierce competition, but lower prices for similar quality products, the factory of Korea in the annual organization adjustment, decided to reduce the scale of LED utilities.

LG is its LED business, which is LG Innotek made a new deal, the LG in the Innotek below the sapphire wafer career was sold to SSLM company, this is Samsung and Japan (Sumitomo Chemical) Sumitomo Dachang chemical joint venture company.

Samsung recently only for the company's five major growth engine to make strategic adjustments, the reduction in the cause of LED, not to withdraw from the LED market, but the face of the current market strategy changes. Samsung and LG Innotek LED in the global chip market in sales, is in front of the rankings, but in the face of the market is as high as 2 to gradually expand in the lighting pile up in excess of requirement, but the market demand, price and supply and demand has not reached equilibrium, the Korean factory is currently made operation adjustment, to avoid further loss.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).