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Market listed Taiwanese manufacturers saw an upward trend in March revenue as the number of work days return to normal and inventory distribution channel adjustments concluded. March revenue grew 24.1% to NT $11.73 billion (US $389.3 million).
Global Average Selling Price (ASP) for 40W equiv. and 60W equiv. LED bulbs both dipped in February 2014, with falls in U.S. most evident. ASP for 40W equiv. LED bulbs slid 0.8% to US $15.1, while 60W equiv. LED bulb ASP dropped 2.1% to US$ 20.8.
Lighting-level LED price declined 5-9% in 1Q14 as distribution channel inventory levels gradually returned to norm and manufacturers stock-up before Chinese May Day holidays, according to LEDinside, a research subsidiary of TrendForce. Backlight LED price dipped around 3-7%. Price declined steadily during 1Q14 compared to previous slack seasons.
LEDinside Chief Analyst Market Analysis Seminar opened in Shanghai Parkyard Hotel on March 19, 2014. Global LED bulb demand will grow 86%, while LED tubes will be up 89%, anticipated LEDinside analysts. As sapphire substrate applications diversify, supply and demand can reach an equilibrium by 2014.
Affected by the global economic downturn, there has been rising number of city bankruptcies. In turn, city management are increasingly valuing sustainable development. Outdoor lighting construction and maintenance costs have gradually increased over the years in city public lighting expenditures. City managers are creating suitable living environment that uses low investment and maintenance costs and can be met on a limited budget.
