What is the impact of the Sino-US trade war reconciliation on LED screen enterprises?

Sino-US trade war reconciliation LED screen export pressure is suspended

The trade friction provoked by the US has been going on for more than eight months since March of this year. It not only increases tariffs on export commodities, but also causes exchange rate changes to be noticed, causing different degrees of impact on various industries in China and the United States. . As far as the Chinese LED display industry is concerned, this Sino-US trade war has little effect on leading companies with strong product competitiveness and low substitutability, but due to the pressure of increased costs and reduced orders, it is absolutely great. Most of the LED screen enterprises with weak competitiveness and certain alternatives are facing the risk of production suspension, workers unemployment, and directly accelerate the reshuffle process of the LED display industry. However, at this critical time, China and the United States reached a consensus that many LED display companies once again saw the dawn of victory.

The negative impact of the trade war on China's manufacturing industry can be seen, but in fact, from another perspective, the trade war is an opportunity and challenge for the LED display industry, which is in the “price war” and product homogenization. The opportunity, through the experience and experience of this year, can force LED screen enterprises to improve the business environment, and realize the shortcomings of the company itself, thus stimulating the passion and determination of the enterprise to upgrade and transform.