LED industry reshuffle did not start Qili photoelectric dissolution first?

Despite the strong demand for LED lighting in 2013, the oversupply of LED production capacity is still waiting to be removed, and the industrial reshuffle situation is becoming more and more clear. Following the closure of China's LED factories and lighting factories one after another, taiwan's LED supply chain is also under pressure to restructure. Qili Optronics, an LED grain factory in qunchuang Group, announced on the 25th that its directors had changed by more than 1/3. Among them, chen Ling, chairman of Qili Optronics, resigned in 10th day of this month. It is reported that Qili Optronics has encountered competitive pressure and debt pressure on medium and low-grade chip products in the Chinese market. The oversupply of LED industry has brought considerable pressure on product prices, and the imbalance between supply and demand has also affected the restructuring of the supply chain in recent years, following the closure of the LED grain factory in 2012, the reorganization of the supply chain did not stop, the cross-Strait LED industry entered the second wave of reshuffle in 2013, including the closure of luchang Xiongji and Shenzhen Yiguang. Taiwan's LED grain factory Qili also reported that the financial crisis will be closed. It is understood that Qili Optronics has been hit by the poor performance of the Chinese market in recent years. In 2012, it was reported that the company had a debt problem. Qili Optronics released a message on 10th day of this month that Chairman Chen Ling resigned, then on the 11th, it was announced that two independent directors Liu Xuanda and Luo laihuang resigned. The remaining two directors Guo Guoxiang and qunchuang also resigned on the 25th, the company also reported the news that employees were notified of their departure this week. The integration of LED supply chain will continue. Ye Yinfu, chairman of LED packaging factory Yiguang, also believes that the industry will continue to carry out more than one round of elimination and Reshuffle. He revealed that when he heard that Qili Optronics had a financial crisis, there was a willingness to support Qili optoelectronics, and he felt sorry for the current situation of Qili Optoelectronics.