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Taiwan LED manufacturers all released their revenues in October, and entered seasonal adjustment. LED sapphire manufacturer Ruijie continued its downward trend in September, but still maintained a large growth rate of 93.93. LED chip manufacturers showed a synchronous decline from the same period of last year. Century and Yuanyuan fell by 3.3, 28.5 and 26.6 respectively in October. LED packaging manufacturers Yiguang and Dongbei maintained a year-on-year growth of 25.37 and 60.37, while the chain fell slightly by 7.86 and 4.52. Overall, LED industry sapphire and packaging Still maintaining rapid growth, while the chip industry is still in phase adjustment, LED still maintains the industry boom. Taiwan manufacturers in October LED chip cold LED chip manufacturers continued the downward trend in September in October, LED chip makers Jingdian, Ronda, and Yuanyuan fell by 15.48, 16.66 and 36.22 respectively in October, with no downward trend. The performance was slightly lower than expected, indicating that Taiwanese chip makers are still in a state of adjustment since the third quarter. In October, mainly due to seasonal factors, Ronda said that the backlight and lighting applications in October all entered the off-season, and the backlight part entered the traditional off-season. In addition, the demand of Korean customers was tight, so it showed a downward trend. The lighting segment, due to the reduction in shipments of European customers at the end of the year, has entered the fourth quarter of the traditional low season. The performance of LED sapphire continued to rise steadily. The LED sapphire manufacturers Jingmei and Xinjing Diamond increased by 10.18 and 7.06 respectively in October. Ruijie decreased by 10.95 in October, which showed a trend of decreasing compared with the decrease of 12.8 in September. Moreover, Ruijie increased by 93.93 in October, showing that the LED sapphire industry is still in the industry. LED packaging manufacturers were dragged down by the off-season. Everlight and Dongbei fell by 7.86 and 4.52 respectively in October, but they rose by 25.37 and 60.37 respectively. Continental LED competition is fierce. A new round of LED mergers and acquisitions opens according to the HaizLaw law of LED industry. Production technology continues to improve, productivity and product yield continue to increase, and the price of chips will undoubtedly decline. The LED competition in the mainland is intensifying, and the brand's market occupation has not only focused on price competition but on both quality and price. Enterprises with backward technology and poor management efficiency will eventually be eliminated. At the same time, the cash flow of enterprises is very important. If the cash flow does not go down, it will face great operational risks. Under this trend, the mainland LED market will show the same overall scale, and the company will continue to expand. At the same time, the number of capital inflows into new chip companies will not increase much, because the previous investment is too large, and the market has been overdrawn. Demand, the upstream chip sector is still digesting previous investments. Now we see that some big companies are starting to take action, and a new round of LED mergers and acquisitions has begun. Enterprises with capital platform operations are generally more tenacious. For example, even if the upstream enterprises in the mainland market are small in scale, they will not disappear as long as they have a platform for listed companies. The upstream chip companies that have disappeared in recent years are basically enterprises that do not have a capital platform to operate. Two years later, in 2016, when the LED reached 180lm/W to 200lm/W industrialization, the light extraction efficiency will have reached 60. Under the condition of no increase in cost, the cost performance of LED lamps will surpass all traditional lighting. Lighting, at this time the LED field will enter the stage of brand competition, LED chip companies with strong capital and leading technology will dominate the market.