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Taiwan LED plant crystal electric intends to lay off 65 people, the largest since the establishment of the largest

2016-10-22

LED industry, supply chain by the impact, LED chip manufacturers EPISTAR spread layoffs. Crystal power to adjust the organizational structure, to promote the organization flat, re examining the 12 plants, will lay off 65 people next week, which is the largest since the establishment of the largest layoffs.

LED industry this year, the first domestic trouble and foreign invasion unceasingly, the mainland industry to rely on government subsidies and price competition, and greatly reduce the lighting giant PHILPS LED bulb price, the price war detonated bloodshed. LED this year is not the news of the bleak, last week, the market will be heard rumors of hundreds of people to lay off the crystal power.

EPISTAR vice president Zhang hen 11 response, EPISTAR after several mergers, to respond quickly to changes in production and customer demand, to small-scale layoffs, but there is no rumor so exaggerated figures.

Zhang Shixian frankly, even during the financial tsunami in 2008, there is no layoffs. Crystal electric second quarter loss, but the layoffs are not to reduce costs, but rather focus on improving the efficiency of the operation of the crystal. Crystal electric second quarter after tax loss of 122 million yuan (equivalent to RMB 23 million 990 thousand yuan), a loss of NT $0.11 per share, the first half of the cumulative net profit of 0.62 yuan per share after tax.

The Park Management Bureau yesterday confirmed that the crystal electric in September 7th bulletin, because the organization adjustment of lean operations, will be laid off 65 employees in September 17th. EPISTAR's otherwise LED factory is located in Hsinchu Science and science, two administration has not yet received the relevant severance layoffs or crystal electric bulletin.

It is understood that the crystal electric Tainan plant currently employs about 1300 people, 17 will be laid off 65 people, accounting for about 5% of the proportion of human Tainan plant, and the object in the production line. Laid off staff, including management, belonging to the organization adjustment of lean operation.