Korean plant pressures LED bulbs to US$11.4

The average selling price of LED bulbs that replaced traditional 40W incandescent bulbs fell only slightly by 2% in November this year. However, the average selling price in Japan dropped by about 10%. The Korean factory has already called out the lowest price of US$11.4 to replace the traditional 60W incandescent bulbs. The average price of LED bulbs for light bulbs rose slightly by 2% in November, but the lowest price has fallen below $24.

We believe that the “price” is an important factor in the final selection of consumers when they choose products with comparable specifications and brand strength. This is most evident in the low-bulb light bulb range of 400 lumens.

The reason for the increase in the price of LED bulbs replacing 60-watt incandescent bulbs is that, apart from the effects of exchange rates, there are also adjustments to commodity combinations. On the other hand, Japan or the United States has introduced new specifications of LED bulbs because of the brand manufacturers. Affected the average selling price, making the entire average selling price upward.