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China market: LED players to depend on May Day holiday sales

Dawn Huang, Taipei
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Consumer electronic sales during the May Day (May 1) holiday in China will be an indicator of demand in the LED market in the second half of 2009, as most Taiwan LED players are only seeing their order visibility lasting until May, according to market sources.

The sources indicated that a recent surge of rush orders for handset backlighting-use LEDs may be coming from China vendors preparing for the May Day holiday sales, as handset purchases are subsidized under the China government's consumer electronics promotion program.

Article translated by Yvonne Yu