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The prices of mainstream LED package products remained stable in the Chinese market for July 2018, says LEDinside, a division of TrendForce.
“Demand in the lighting market remained sluggish in July, but price decline has not been observed yet”, says LEDinside analyst Terri Wang. It is worth noting that Trump administration unveiled the plan to impose additional tariffs on $200 billion of Chinese goods on July 10. The announced product list included more than ten categories of LED package and LED lighting products with high value. Particularly, the export value of the major lighting products in the list has reached $5 billion in 2017. So far, the impacts of the US-China trade war on LED packaging manufacturers are not yet noticeable, but manufacturers with plants outside China may be benefited in the long term since orders could be transferred there to avoid the tariffs.
TrendForce is a global provider of the latest development, insight, and analysis of the technology industry. Having served businesses for over a decade, the company has built up a strong membership base of 435,000 subscribers. TrendForce has established a reputation as an organization that offers insightful and accurate analysis of the technology industry through five major research divisions: DRAMeXchange, WitsView, LEDinside, EnergyTrend and Topology. Founded in Taipei, Taiwan in 2000, TrendForce has extended its presence in China since 2004 with offices in Shenzhen and Beijing.