LEDinside, a division of TrendForce, reports that the global average selling price (ASP) of LED light bulbs continued its slide in October. Compared with September, the ASP of 40W equivalent LED light bulbs fell by 1.7 percent to $6.2. The 60W equivalent counterparts also saw a 1.7 percent decrease in their ASP to $7.4.
“Some brand vendors of LED light bulbs have decided to lower their prices at the start of this fourth quarter for the purpose of boosting their sales,” said LEDinside analyst Allen Yu. “Consequently, the worldwide price trend continued to move downward during October.”
Prices were generally stable in China’s LED package market in October. Compared with August and September, October was a period of recovery for the LED chip and component sections of the supply chain. Inventories for chip suppliers rose, but this was within the normal range and prices remained steady. The package market in turn did not experience noticeable price fluctuations.Tagged with LED prices