In October 2011, Guanglu announced the implementation of unpaid leave in response to the sluggish LED market. The company said that due to the gradual stabilization of the market, unpaid leave was cancelled in early January 2012, and production line employees resumed normal work.
The manufacturer's reaction was originally bad for 1Q12, but the actual situation was more moderate than expected. Recently, there have been cases of transfer orders and restocking. Panel manufacturers, LED factories such as Yiguang and others have received urgent orders, not only canceling unpaid leave. And even want employees to work overtime.
The industry pointed out that the transfer-to-order effect is related to the current changes in the production environment in the mainland. Especially after the return of the labor during the Spring Festival holiday, the mainland government encouraged the inland development, resulting in the lack of work in factories along the coast, and even the lack of electricity and water shortage. Therefore, some operators began to transfer orders back to Taiwan for production. It can be expected that the urgency situation will become the norm.
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