The news said that the Ministry of Commerce is considering raising LED tariffs to favor LED manufacturers.

In early trading today, China's Taiwan LED concept stocks plummeted across the board, and Jingdian, Canyuan, Yiguang and Ronda successively fell. According to local media reports, the Ministry of Commerce is considering raising tariffs on a range of products, including LEDs.

At present, the market share of Taiwan enterprises in the LED industry chain is still high. Once the LED tariffs are raised, the impact on Taiwan enterprises will be greater, and it will also benefit the market share of LED manufacturers in the mainland.

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