Taiwan media rumors, LED will raise tariffs or help mainland companies to improve market share

According to Taiwan media reports, the Ministry of Commerce, came this morning to check the monopoly, intends to transfer the tariff increase LED plant, increase from the current 4% to 10%, by the bad impact, Taiwan factory overall market plunged LED this morning.

A large LED crystal electric (2448), canyuan (3061) this morning after the opening moments anxious to kill to the limit, billion light (2393), (3698) have also fallen lextar intraday limit, although once again turned down, but the decline is still heavy at around 6%.

This bad news, LED grain factory in the new century (3383) intraday once to limit 18.35 yuan, a record low since February 27th of this year.

But because of yesterday's news default delivery of LED packaging and testing plant Yang Hua (4703), belonging to OTC shares, opening gaps anxious to kill to limit 62.50 yuan, Volume 53, whether caused by market Cuosha Lenovo, the follow-up remains to be seen.

In contrast to the mainland market, the afternoon LED stocks on the rise, multi stocks straight up posture. Jufei pulled straight up over 10%, Riyadh rose over 8%, honglitronic, HC semitek gainers.

Data as of August 21st 14:00

It is reported that the Taiwan enterprises in the LED industry chain market share is still high, once the tariff increase LED, foreign companies to combat a larger, but also will be conducive to the mainland LED manufacturers to enhance market share.

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