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Year-End Promotions and New Product Launches Caused Prices of LED Light Bulbs to See Larger Monthly Declines in November, Says TrendForce

7 December 2016 LED Allen Yu

LEDinside, a division of TrendForce, reports that the global average selling prices (ASPs) of LED light bulbs saw greater monthly drops in November than in October as branded light bulb vendors started to offer year-end promotional discounts and released new low-price products on the market.

“Compared with the prior month, the global ASPs of 40-watt and 60-watt equivalent LED light bulbs fell 2.9% and 2.7% respectively in November to US$9 and US$12.3,” said LEDinside analyst Allen Yu.

China’s LED package market saw stable prices in November as chip prices were relatively constant

The latest survey of China’s LED package market finds that prices were steady in November on account that chip prices also did not register any noticeable drop. Prices of 2835 and 5630 LEDs stayed constant in November as they had been for several months straight. Prices of 3030 LEDs, which by contrast had been on a downtrend for some consecutive months, started to see their decline easing in November. As for high-power ceramic LED packages, international suppliers including those from the U.S. and South Korea have cut their prices on these products, thus lowering their global ASPs.

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