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Technology Stocks : Veeco Instruments-Who?
VECO 29.15-0.6%Oct 30 3:59 PM EDT

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To: Sam who wrote (3016)9/16/2010 11:56:55 PM
From: etchmeister  Read Replies (1) of 3069
 
Officials from MIIT revealed that the government is indeed concerned that aggressive investments could overheat the LED industry, and is currently designing its twelfth five-year plan for LED industry development.

and is currently designing its twelfth five-year plan for LED industry development. ????
How is this possible
Five year plan - the term is Planwirtschaft - it means over the next five years the government decides to build X cars. Y TV sets and z cell phones regardless of demand

Heavy investments in capacity ramp do not necessarily translate to quality products that meet industry standards. ???
this article does not make much sense to me
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