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

 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.
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Speed and precision for home appliances, mobile robots, autofocus for cameras, building automation, inventory management systems, security systems, and virtual barriers Accurate, low-power measurements with rapid response times for superior re... READ MORE

Improved LED performance and the broadest color range provide even greater design flexibility DURHAM, NC – August 1, 2024 –– Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of its higher performance XLamp&r... READ MORE