LED bulb prices bottom out, LED industry meets changes

Taiwan’s LED company’s monthly revenue data has improved: Taiwan’s LED company’s monthly revenue data shows that Taiwan’s major LED companies’ revenue growth rate continued to be negative in the month, and the year-on-year cumulative revenue growth rate for the same period was all negative, indicating the industry’s prosperity. Far below the level of the year. However, the quarter-on-quarter data shows that the revenue growth of chip manufacturers Epistar, Longda, and packaging manufacturers Everlight and Dongbei are all positive, which is significantly better than the performance of the month. It is expected that with the arrival of the traditional consumption peak season, the revenue situation of Taiwan's LED companies will improve.

Mainland companies are pressing harder and harder, and Taiwan’s LED industry is undergoing changes: According to data, the global LED bulb prices replacing W and W incandescent lamps continued to decline slightly in the month, and the supply and demand of the entire LED industry remained severe. In order to control costs and improve performance, mainland packaging companies have begun to use land-funded chips, and Taiwan-funded packaging leader Everlight also publicly confirmed the purchase of LED chips from land-funded companies at the end of the month.

Due to the relatively low threshold of LED lighting, coupled with the government subsidy support of mainland chip companies, the price advantage of land-funded chips is obvious, and it is easy to become the target of choice for Taiwanese companies. At present, the number of mainland MOVCD accounts for% of global MOCVD. With the gradual release of production capacity in the second half of the year, the price advantage becomes more obvious, and Taiwan LED chip companies will face serious threats.

India's LED lighting market is large, and land-funded companies are expected to win: India has been pursuing LED bulb stimulus policies due to power shortages. The data shows that it is expected that the growth rate of the LED lighting market in India will be more than% this year, and the market scale is huge. From year to month, China’s total exports of LED lighting products to India amounted to US$100 million, a year-on-year growth rate of .%. It has risen from the first place to the first place in the scale of my country’s export countries during the same period, and has become a local LED company’s revenue. An important source of origin. Due to the low level of national economic development in India, cost will be the core consideration for India's lamp rotation plan. Land-funded LED companies have obvious cost advantages and are expected to be superior in this round of competition.

The price war for LED bulbs has been going on for more than a month, and the price has now dropped to the bottom. The industry is highly competitive. In this context, the integration of resources within the industry (including horizontal integration and vertical integration) will be an inevitable trend, and enterprises with technological and scale advantages will be in a favorable position in the integration.