LEDinside , a division of TrendForce , reveals in its newest price report that prices for some of the high- and mid-power LED package products in the Chinese market continued to fall in May 2019.

“LED package prices continued to fall in May in response to falling chip prices, but the escalating US-China trade war has yet to exert an effect on LED package prices. Suppliers, sitting on the fence, are expected to continue price adjustments according to changes in upstream chip prices,” says TrendForce Analyst Terri Wang. High-power 5050 and 7070 product prices dropped by 1%-4%, while mid-power 2835 product prices dropped more visibly by 4.7% and 5.1% for 0.2W and 0.5 W products, respectively.

For automotive LED package products, the automotive market remained unenthusiastic and sales continued to slide in 1H19. Prices for mainstream automotive LED package products were trimmed downwards by 2%-3%. Automotive LED revenues for top manufacturers like OSRAM and Lumileds either trended flat or declined a bit in 2018, while Nichia and Stanley saw revenue growths due to the stellar performance of the Japanese vehicle market in the same year.