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Anticipation of Chinese Labor Day Sales Caused Prices of LED Light Bulbs to Drop Significantly in April, Says TrendForce

5 May 2016

The global average sales price (ASP) of 40W-equivalent (equiv.) LED light bulbs fell 5.9% in April compared with the prior month, arriving at US$9.7, while the ASP of 60W-equiv. LED light bulbs fell 7.2% to US$13.1. LED light bulb prices in China have been on a downtrend because of sales activities related to the Chinese Labor Day holiday period, said Allen Yu, analyst for LEDinside, a division of TrendForce.