Funding of Taiwan LED firms decreases 80% in 2011

January 12, 2012 | FINANCE

Taiwan-based LED firms accumulated financial capital of NT$13.8 billion (US$460 million) in 2011, down 80% compared to NT$76.2 billion in 2010. Industry sources believe low demand will continue into second-quarter 2012. Taiwan-based LED firms continue to expand the lighting business to replace the loss of revenues from LED TV backlights.
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