LED Manufacturers Target Smart Lighting Market Amid LED Bulb Price Declines in May 2014

The global 40W equiv. LED bulb Average Selling Price (ASP) declined 3.2 percent to US $14.20 in May, with price decreases most evident in China. Additionally, the ASP for 60W equiv. LED bulbs dipped slightly by 3.6 percent to US $19.50. With continual LED bulb ASP declines, manufacturers are looking to smart bulbs to break free from intense pricing competition, according to the latest LED bulb retail findings for May 2014 from LEDinside, a division of research organization Trendforce. 
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Korean SMEs Face Bankruptcy as Low Priced Chinese LED Bulbs Flood the Market

The influx of affordable, but good quality LED bulbs from Chinese manufacturers into the Korean market is causing concern among small and medium size companies (SMEs), according to a recent report by Korean media. 
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More Manufacturers Enter Smart Lighting Market Amidst LED Bulb Price Drops in March

Global 40W equiv. LED bulb Average Selling Price (ASP) dipped slightly by 1.3 percent in March to US $14.9, with price decrease most evident in China, according to latest LED bulb retail findings for March 2014 from LEDinside, a division of research organization Trendforce’s. ASP for 60W equiv. LED bulbs basically remained flat at US $ 20.8. 
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U.S. EIA: LED Bulb Efficiency Expected to Continue Improving as Cost Declines

Technology improvements for general service lighting, driven by federal efficiency standards, are leading to increased reliability and bulb life. As efficiency increases, residential electricity consumption for lighting declines over time. Although the initial purchase price is higher for more efficient technologies than for traditional bulbs, significant savings are achieved over the life of the bulb (also called a lamp).
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Epistar Analyzes Lighting Trends as LED Enters Growth Phase

The LED industry is entering a rapid growth phase in the lighting sector in 2014. Global LED bulb shipment volumes doubled from 520 million in 2013 to 1.1 billion in 2014. Tube lighting also increased with 2013 shipment volumes rising from 230 million to 400 million in 2014, according to data revealed by Epistar during the East Asia Pacific Standards and Spec Development Conference. LED chip design still maintains a 6-12 month transition period while LED package technology undergoes changes every 1-2 years.
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LG Innotek today announced that it had succeeded in developing an 'advanced flip chip LED package' that demonstrates high efficiency and high luminous flux without deteriorating performance even after it gets through 300℃ sol... READ MORE

Foreverlamp has expanded its award-winning LED Lamp Series with a new Industrial replacement lamp. The new J Series provides a powerful LED replacement for up to 400W MH lamps that operate in dusty and harsh indus... READ MORE