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Taiwan LED shares fell due to the third quarter outlook bleak

Taiwan LED shares fell, after the "commercial times" quoted EPISTAR saying that since the third quarter may be further reduced pile up in excess of requirement, product price. Vivian, a subsidiary of Chen, said the price could fall further due to weak orders in the third quarter. Added, due to weak demand and brand mobile phone Chinese mainland authorities limit unknown brand mobile phone, the second quarter order has been weaker than expected; because of new capacity to begin application from the third quarter, coupled with the continued weak demand, the prospects for the industry. The photoelectron billion (2393.TW) and EPISTAR (2448.TW) neutral rating. That Everlight may get support in the current price near, shares fell 1.9% to NT $90.10; EPISTAR may get support from NT $60, shares fell 3.1% to NT $65.60.

Source: Dow Jones newswires

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