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Major Chinese LED chip suppliers including San’an Optoelectronics and HC SemiTek have lowered their product prices recently, indicating the end of LED chip price hike that had lasted for one and a half year. According to LEDinside, a division of TrendForce, the recent price drop signals the end of LED chip undersupply, and the next year will witness a balance in LED chip supply and demand.
LEDinside, a division of TrendForce, reports that the global average sales prices (ASP) of LED light bulbs was generally stable in November. The global ASP of 40-watt equivalent products was US$6.2, a slight increase of 0.5%. The global ASP of 60-watt equivalent products also increased slightly by 0.2% to US$7.4. Japan saw noticeable price slide while Europe experienced price growth.
The demand for xEV battery in China sees significant growth in 2017 due to carmakers’ acceleration into electric vehicles production. The global xEV battery demand expects a steady growth from 2 billion units in 2017 to 2.5 billion units in 2018, a Y0Y increase of 24%, says EnergyTrend, a division of TrendForce.
LEDinside, a division of TrendForce, reports that the global ASP of LED light bulbs continued its slide in October. Compared with September, the ASP of 40W equivalent LED light bulbs fell by 1.7% to US$6.2. The 60W equivalent counterparts also saw a 1.7% decrease in their ASP to US$7.4.
As 2017 comes to an end, global market intelligence provider TrendForce has unveiled a list of top 10 trends in the information and communication technology sector for 2018. These trends will be influencing the development of key industries in the upcoming year.
