China's LED lighting sector recorded total export value of US$1.379 billion in October 2017, slipping 29% sequentially due to off-season effects, according to Shenzhen Gaogong Industry Research (GGII).
First-tier firms Leedarson Lighting, Foshan Lighting and Opple Lighting saw October export values shrink on month by 27%, 28% and 36% respectively, and others' export values dropped 40-50%, GGII noted.
Due to decreasing demand for LED lighting, blue-light LED chip prices have slipped about 5% in fourth-quarter 2017.
Due to price competition from China-based makers, many Taiwan-based LED packaging service providers have stopped producing inexpensive light bulbs and tubes.
Source:
http://www.digitimes.com/news/a20171207PD201.html
