Osram Licht AG yesterday (April 21) has announced that it is proceeding with the next phase of its corporate reorganization, sending a shockwave across the LED industry. The announcement from Germany-based lighting giant follows Dutch electronics company Royal Philips ’ sale of its automotive lighting and LED components business.
The latest panel price report from WitsView, a division of TrendForce, finds the prices for TV panels of mainstream sizes will hold steady in April as Chinese brand vendors are stocking up for Chinese Labor Day sales. Though panel prices are kept to a certain level, brand vendors have revised their shipment downwards and may later face inventory pressure. Therefore, the second quarter outlook after the month of May is more worrisome than upbeat.