United States Department of Commerce on July 8 concluded its final ruling of the review of the anti-dumping and countervailing (AD/CVD) measures on certain Chinese photovoltaic (PV) cell imports and ruled to raise the tariff rates set in 2012. This decision will put pressures on Chinese module exporter while giving competitive advantages to Taiwanese companies.
According to its 2015 Chinese LED Industry Market Report, LEDinside, a division of TrendForce, finds the scale of the Chinese LED package market for 2014 reached US$8.6 billion and grew by 19% annually. The general lighting market has been the main driving force, and the rising market penetration rates of commercial and residential LED lighting products has been fueling China’s growing demands.