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Globally LED bulbs prices rose slightly in June 2017

Globally LED bulbs prices rose slightly in June 2017

By BizLED Bureau

July 6, 2017: Prices of LED bulbs was a little higher in June 2017, as the global ASP of 40-watt equivalent LED bulbs rose by 1.1% compared with the prior month’s price of US$6.6, according to LEDinside report. The global ASP of 60-watt equivalent LED bulbs remained the same at US$8.1 in June.

LED bulbs saw price rise in Japan and Germany in June because prices of some products rebounded in those markets. This trend is because these products are no longer under promotion, said LEDinside analyst Allen Yu. “Another reason for price rise is because the market releases more expensive smart LED bulbs that are in demand now, and contributed to the small rise in prices.

Also Read: China LED makers in a new expansion spree, new govt subsidies as well

Prices were stable in China’s LED package market as international LED suppliers would ship their latest products in this year’s second half.

In China, LED chip manufacturers are also expanding their production capacity, but the overall chip supply is not expected to catch up to the strong demand in the market. On account of the tight chip supply, both chip and package prices in China remained firm in June. Prices of 0.2-watt and 0.5-watt 2835 LEDs were steady for last several months, and prices of EMC 3030 LEDs have also stabilized.

A few key international LED companies are planning to mass produce and ship their latest LED packages worldwide in the third quarter of 2017. These products include the high density XD LEDs from CREE and LG Innotek’s flip chip 5630 series.

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