22 Apr '13, 7am

International brands lead LED light bulb price competition

International brands lead LED light bulb price competition Siu Han, Taipei; Jackie Chang, DIGITIMES [Monday 22 April 2013] The global LED light bulb pricing has been falling in 2013 because some large-size industry leading brands have introduced low-price products. Market observers believe demand in the residential LED lighting market is expected to grow and simplified designs are likely to bring down costs by 20% in 2013. US-based LED chipmaker Cree entered the LED lighting fixture market in the second half of 2012 and in March 2013, the firm introduced retrofit 40W white light LED light bulbs with a retail price of US$9.97/unit. Europe-based Philips followed suit by introducing retrofit 60W LED lighting bulbs with a retail price of US$14.97/unit, and it noted that product prices are likely to fall below US$10/unit before the end of 2013. Europe-based Osram has also annou...

Full article: http://www.digitimes.com/news/a20130422PD202.html

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