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Product Maintenance

The decline in LED packaging prices is inevitable.

According to the latest price report, the average retail price of LED bulbs replaced by 40W incandescent lamps in April dropped by 5.9% to $9.7, and the average retail price of LED bulbs replacing 60W incandescent lamps dropped by 7.2% to 13.1 US dollars. LED analyst Yu Bin said that due to the advent of the May 1 holiday, many manufacturers in China adopted a low price promotion strategy, and prices dropped significantly. In other Asian regions, some low-priced new products went on the market, pulling down the overall average price, while the European and American regions continued to decline. In terms of China's LED packaging, the price of 5630 and 2835 LED components of 0.5W LED continued to decline in April, and the price of 0.2W 2835 LED products and 1W 3030 LED products fluctuated little. Market demand gradually shifted to middle power, and price fell into inevitable. Before the first half of 2015, the market demand of 0.2W LED products was the largest and price was fierce. So far, there is no room for reduction in price. Since the second half of 2015, under the guidance of LED packaging manufacturers, the demand for power LED in the 0.5W market has gradually increased, and more and more manufacturers are entering. In April, the price of medium power 5630 LED dropped by 6.5%, including many international brands including Le Jin, Lumileds, etc., and the price of products has been reduced to a certain extent. The medium power 2835 LED has become the main packaging specification of the lighting market, and the price in April has dropped by 1.2%. During the May 1 promotion season, the average price of LED bulbs in all parts of the world has generally declined to replace the 40W part. The US price dropped by 6.3% in April, including many well-known brands such as CREE and PHILPS. For example, CREE 6W 465lm bulbs, the 8 package price is only $28.4, a decrease of 16.4%. China's price dropped by 4.4% in April. The May 1 holiday has led many manufacturers to hold promotional activities, such as 7W bulbs, which sell for $3.55 and drop by 10%. Other brands including FSL, PHILPS and so on, all have lower sales prices. European prices continued to decline, and other Asian regions also showed a larger decline in overall average price due to the introduction of low price new products. After replacing the 60W part, Germany continued to show a 5.2% decline in price this month, following the fall in the previous month. The price of the United States has been decreasing month by month this year, with a decrease of 2.8% in April and a slowdown in the trend. In order to meet the arrival of the May 1 holiday, China's products including international manufacturers PHILPS, exotic and Chinese manufacturers such as the United States, FSL and other brands have all been cut down, and the overall average price has dropped by 6.3%. Britain and the United States continued to decline. Japan continued to rise in the previous period. The price in April has been reduced. In South Korea and Taiwan, the price of the new products has shown a larger decline.

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