Prices for 7-watt LED Light Bulbs Fall in China
The Chinese market is just gobbling up LED lighting at an incredible rate, and with manufacturers coming out of the woodwork, it’s no surprise why prices for 7-watt LED light bulbs in the country are continuing to fall.
January average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market decreased 6.4% on month to CNY33.4 (US$5.4), while prices for 9W models (equivalent to 60W incandescents) increased 13.5% to CNY42.1, according to Digitimes Research. Average retail prices for 40W- and 60W-equivalent LED light bulbs in Japan in January stood at JPY1,709 (US$15.0) and JPY3,299 respectively, with the former rising 0.6% on month and the latter 1%, Digitimes Research indicated.
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