Zheng Yiqing said that due to excessive competition and rapid price decline, backlight packaging is not in line with production efficiency. Lianying will stop the production of the backlight packaging production line at the end of this month, and related products will be produced through outsourcing. The company will subsequently adjust product transformation to consolidate existing lighting customers and strengthen foundry supply chain operations. Since Lianying has LED design technology, it will use its existing niche advantages to carry out product transformation.
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