Price falls were most evident in China last quarter, according to latest LED bulb retail price reports by LEDinside, a research division of TrendForce. Globally, the 40W equiv. LED bulbs Average Selling Price (ASP) grew incrementally by 0.9 percent to US $14.4, while ASP for 60W equiv. LED bulbs was slightly down by 0.6% to US $19.4 in June 2014.

Lite-On Technology Corporation reported a combined revenue of NT $20.24 billion (US $676.35 million) for June 2014, up 3 percent MoM, and growth of 18 percent compared to the same period last year. Lite-On core products maintained growth on the back of rebounding end market demands and increased market share. Consolidated revenue from January to June this year was NT $110.2 billion, up 14 percent YoY.