Excessive competition caused the price to decline, Taiwanese factory continued to stop backlight packaging production at the end of this month

Taiwan’s Xingfang Company held a law conference in Lianying, and the company’s board of directors decided to stop the production of backlight packaging. Lian Ying spokesman Zheng Yiqing said that due to the excessive competition in the LED backlight market, the company's operation and profitability have been declining year by year. Therefore, it was decided that the backlight packaging production line would stop production and change to a subcontracting OEM.

Zheng Yiqing said that the backlight package is under excessive competition and the price is falling rapidly. In order to meet the production efficiency, Lian Ying will stop the production of the backlight packaging production line at the end of this month. The company will adjust the product transformation in the future to consolidate the existing lighting customers and strengthen Foundry supply chain operations.

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