The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W-equivalent (equiv.) LED light bulbs arrived at US$10.2 in February, down 0.6% from the prior month. The global average price of ...
Tags: Gradual Upticks, LED Bulb
LED bulb prices in India are nearing CFL prices, but might be priced down a further INR 20 (US $0.30) following the government’s 50 million LED bulb purchase tender to be issued in the next ten days, reported The India Times. Online ...
LED manufacturers had an especially tough year in 2015. Despite rising LED lighting market demands, and large scale replacements of traditional luminaires, the oversupply situation in the market has caused average sales price (ASP) of LEDs ...
Tags: LED Industry, LED package
Speaking at a conference on Thursday, Indian Power Minister Power Piyush Goya urged LED manufacturers to correct LED bulb prices, reported Can-India News. Goyal urged the lighting industry to correct LED bulb prices, noting there should ...
Tags: LED Bulb, LED lights
Large players oversupply situation in the LED industry led to LED bulbs continual downward price trend, according to a report by Chinese-language Commercial Times. The Chinese lighting market is entering a low season, and with Indian LED ...
Tags: LED bulbs, LED chip, LED streetlight
The LED industry has seen bulb prices nose-dive in recent years. When Walmart sold its 60W LED bulb two years ago for under $9, it was considered at the time an “aggressive pricing strategy.” But the same GE 60W LED bulb prices ...
Tags: LED bulbs, smart lighting, lower pricing
The Indian governments promotion of “Made in India” LED bulbs, and the introduction of mandatory registration of electronic products in August 2015 will spur LED bulb sales, said Philips Lighting Solutions South Asia, CEO, Harsh ...
Tags: LED Bulb, CFL, incandescent lamps
Unity Opto’s consolidated revenue in July dropped 37.4% YoY to NT $500 million (US $15.79 million), according to a UDN report. Compared to June, revenues in July were down 16.6%, the company stated. Low LED bulb prices in the ...
Tags: Unity Opto, LED bulb, LED lighting
For third-quarter 2015, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $140.7m, up 51% on $93.3m a year ago although up only 7% on $131.4m last quarter (which was the ...
Tags: LED market, LCD TVs
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
The Indian government intends to slash LED bulb retail prices from the average retail price of INR 300 (US $4.52) to INR 44 (US$ 0.66) under its DELP scheme, reported Times of India. "The government is looking to bring down the price of ...
Tags: LED bulbs, retail price, Indian market, DELP scheme
Bangalore (or also known as Bengaluru), the capital of India's southern Karnataka state will be rolling out a LED residential lighting replacement project by January, according to The Times of India and other Indian media. The roll out is ...
Tags: LED residential lighting, Bangalore, Government lighting project
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
December average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market decreased by 8.7% on month to CNY35.7 (US$5.8), while that for 9W models (equivalent to 60W incandescent ones) decreased by 9.1% ...
Tags: LED Bulb Prices, mobile device, Lights