US "337 investigation" and settlement for China's LED industry

The "337 investigation" of the LED industry in the United States finally settled and the two LED companies, Guangzhou Hongli Optoelectronics and Zhoulei, signed a settlement agreement with the United States a month ago. However, due to the completion of the relevant procedures, it may be necessary until the end of September.
Li Guoping, chairman of Guangzhou Hongli Optoelectronics, said that Hongli Optoelectronics has obtained two patents in the US. Although only Hongli Optoelectronics and Zhoulei responded to the “337 investigation” in mainland China, after the settlement of Hongli Optoelectronics, Shenzhen Zhoulei and the United States, the general exclusion of the Chinese LED industry caused the alarm to be lifted. "Hongli Optoelectronics and Zhou Lei's response helped the entire industry." Li Guoping pointed out that after the settlement of Hongli Optoelectronics and the United States, Hongli Optoelectronics has become the only LED packaging company in China that has obtained US authorization. Lin Lei, general manager of Zhou Lei, withdrew from Jingjing. The United States "337 investigation" itself has many unreasonable places, and the company has to reconcile in order to enter the US market.
It is reported that at the opening ceremony of the Beijing Olympic Games, more than 3.8 million SMD LED S and SUPER FLUXS LEDS of Hongli Optoelectronics were used in the highlights of "Starlight", Olympic rings, astronauts, countdown killing and closing ceremony. Of course, Lin? revoked the slaughter? Ping said that "the reconciliation has nothing to do with the Olympics."
Director of the National Semiconductor Lighting Engineering R&D and Industry Alliance Zibo said that since the parties signed a confidentiality agreement, the content of the agreement is inconvenient to disclose, including the cost of settlement. However, according to the "First Financial Daily", it was learned from many parties that the expenses incurred by Hongli Optoelectronics and Zhou Lei in responding to the US "337 investigation" settlement may set a new low for Chinese enterprises to respond to the "337 investigation" of the United States. The cost is only about $1 million.

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