Fuzhou LED light annual price of more than 20%

Reporters visited a number of lighting market in Fuzhou learned that in the past two years to maintain an average price of LED lights 20%~30% price range, and the future there is room for price cuts, the prospects are unanimously optimistic.

Operating in Fuzhou, a shopping mall, said Mr. Zhang, 3 watts of a brand LED spotlights just listed to a $150, has now dropped to about $40, almost hit the 70 percent off. Compared to the same period last year, most of the LED light prices fell by about 30%, some of the price has been similar to the brand energy-saving lamps.

Xiamen tongshida Co. Ltd. official explained, LED light nearly two years of chip technology continues to mature, so the manufacturing cost decreases rapidly. At the same time, manufacturers are keen competition, the market supply is large, the price naturally down.