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Unable to bear the competitive pressure of the LED market, a factory stopped backlight packaging production

Taiwan Hsing Cabinet Co., Ltd. held a major announcement today. The company's board of directors decided to stop production at the backlight packaging factory. Lianying spokesperson Zheng Yiqing said that due to excessive competition in the LED backlight market, the company's operations and profitability have declined year by year, so it has been decided to stop production of the backlight packaging production line and switch to outsourcing. The company will develop towards transformation, and the direction of transformation is subject to the decision of the board of directors.
Zheng Yiqing said that due to excessive competition and rapid price decline, backlight packaging is not in line with production efficiency. Lianying will stop the production of the backlight packaging production line at the end of this month, and related products will be produced through outsourcing. The company will subsequently adjust product transformation to consolidate existing lighting customers and strengthen foundry supply chain operations. Since Lianying has LED design technology, it will use its existing niche advantages to carry out product transformation.
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