Philips LED bulb factory price to $ 0.8

LED lighting market penetration continues to rise, and price competition has become more intense, LED lighting industry said international leading factory Philips (Philips) has set a 2016 target LED bulbs to ultra-low ex-factory price of 0.8 US dollars, a decline of more than 2 percent, so that upstream supply chain industry increased pressure, however, the recent dollar continued strength, help relieve pressure upstream vendors cut prices, the mainland has been recently rumored LED bulb assembly plant shouted the first quarter can be reached in advance LED bulb factory price $ 0.8 goals fear will ignite a new wave of LED lighting market price war terminal.

LED bulb prices continued a sharp drop in the upstream LED elements offer has been close to the coastline, manufacturers profit suffered a severe test, although the overall increase in shipments LED bulb, and then vendors do not contribute to improving the operating conditions, and some were forced out of the market to competitors. LED industry pointed out, that LED bulbs with energy-saving bulbs almost have no price gap, the 2016 LED bulbs is still downward pressure on prices, but the annual decline is expected to slow down. led explosion proof lights 

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