Suffering from debt pressure, Taiwan’s Keli Optoelectronics is facing a break-up

After the mainland LED factory and lighting factory have been closed down, Taiwan's LED supply chain is also facing reorganization pressure. The Group's LED chip factory Keli Optoelectronics has passed the news. Qi Li Optoelectronics announced on the 25th, Chairman of Keli Optoelectronics Co., Ltd. Chen Ling has resigned on the 10th of this month. It is reported that Keli Optoelectronics has encountered competitive pressures and debt pressures on the low-end and mid-level wafer products in the mainland market.

The oversupply situation of the LED industry has brought considerable pressure on product prices, and the imbalance between supply and demand has also affected the reorganization of the supply chain in recent years. Following the consolidation of the company in 2012, the company has integrated the Gallium and Lunda. As well as the closure of many mainland LED factories, the reorganization of the supply chain has not stopped. The cross-strait LED industry entered the second wave of reshuffle in 2013, including Luchang Xiongji and Shenzhen Yiguang, which have closed down. Taiwan The LED chip factory Kellett also reported that the financial crisis will go out of business.

It is understood that Keli Optoelectronics has been affected by the poor performance of sales in the mainland market in recent years. In 2012, the company experienced a debt problem. Kylie Optoelectronics released the message of Chairman Chen’s resignation on the 10th of this month, and then announced two announcements on the 11th. Independent directors Liu Xuanda and Luo Laihuang resigned, and the remaining two directors Guo Guoxiang and Qun Chuang also resigned on the 25th. The company also reported the news of the employee's departure this week.

>>>More related news, please read the high-tech LED network topic: "The LED industry is in the tide of bankruptcy, who will be next?"

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