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Strong LED lighting demand, mainland LED packaging prices stabilized in May
Although the production capacity of some wafer factories in the second quarter of the mainland continued to be released, the demand in the downstream market remained strong. LED chips were still in short supply, and the price of wafers was stable. The price of LED packaging was also stable. Under the same price, manufacturers continue to pursue the ultimate efficiency. Many international manufacturers of small and medium-power LED products such as 5630LED, 3030LE According to statistics, the global LED bulb prices in May have been steadily decreasing, replacing 60-watt, 40-watt incandescent LED bulbs. The average decline was between 0.9 and 1.6%. At the same time, due to strong demand for LED lighting, the price of LED packaging in mainland China stabilized in May. LED analyst Yu Bin said that LED filament bulbs continue to sell well in Europe and the United States. Following the launch of four LED filament bulbs in February, several new products were launched in May, and the average retail price was lower than the average market price. Although the production capacity of some wafer factories in the second quarter of the mainland continued to be released, the demand in the downstream market remained strong. LED chips were still in short supply, and the price of wafers was stable. The price of LED packaging was also stable. Under the same price, manufacturers continue to pursue the ultimate in efficiency. Many international manufacturers of small and medium-power LED products such as 5630LED and 3030LED have achieved 215-220 lumens per watt. In the replacement of 60 watts, the US region fell by 5.3%, the largest decline, and many major manufacturers adopted low-cost strategies to seize market share. Prices in the German region fell by 1.5%. In the Asian region, prices in Japan, the mainland and Taiwan were relatively stable. In place of the 40-watt segment, prices in Europe and the United States continued to fall in May, with the US region falling by 3.3%; the German region's price fell by 3.5%, and the sales of some products declined significantly. As for the Asian region, prices in mainland China fell by 2.8%, including well-known manufacturers such as Philips and Foshan Lighting, which lowered the prices of some products; prices in Japan fell by 3.9%, while those in Taiwan and Korea were flat.