Wellmax

Chinese LED Suppliers Work at Full Production Capacity after CNY

  • WELLMAX

6 months ago · 5 mins read

LED supply chain in China has gradually restarted from the Chinese New Year holiday. WELLMAX team also resumed work last week and are doing our best to process your order.

According to TrendForce’s latest investigations, the explosive growth in orders in 4Q20 caused tight production capacities in the LED industry after the holiday. This has also led to a structure-wide shortage of raw materials such as LED components and a systemic price hike.

Considering the full production capacity after the Chinese New Year and the increase in material costs, we highly recommend that you prepare ahead of time and stock up for 2H21 to avoid delivery delays. Please feel free to contact us at any time if you have any question. Thank you for your support.

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