Buzz global lighting market price war, technology as the key to success!

2015-10-03 Category:Industry News

As the LED market oversupply situation seen soothing, LED manufacturers and thus fall into the price of tug of war again. According to TrendForce's Green Energy Business Division LEDinside latest price report shows that in August the global LED bulb replace 40W retail price decline of about 1.5%, came to US $ 10.9; and LED bulb replace 60W global average price fell by 2.3%, amounting to US $ 14.9. In recent years, LED prices are lower, but the market for the product performance requirements are rising. The key to how to improve the quality of light can become a major test today in technology while reducing costs, LED manufacturers also stand out in this highly competitive industry. Buzz global lighting market price war, technology as the key to success!