LED commercial lighting is the fastest-growing application in the overall LED lighting market. From the perspective of the supply side, the LED lighting industry has entered a low period since 2018. Some small and medium-sized players have withdrawn, and other traditional lighting supply chain players have also shifted to display and other high-margin markets. Development, resulting in reduced supply, inventory is at a low level.
Therefore, some LED manufacturers have raised prices recently, focusing on lighting LED chips, and low-power lighting chips with an area of less than 300 mils (mil?) have the most price increases, with an increase of 3%~5%; special sizes can increase by up to 10%. . According to TrendForce's survey, LED supply chain operators generally have a strong willingness to raise prices. In addition to more companies wanting to increase prices, some LED chip manufacturers are fully loaded with orders, and there is also a tendency to increase the number of items to be increased. This is to reduce losses and actively reduce low-margin orders.
The main suppliers of LED lighting chips in the world are concentrated in China. In recent years, as the industry reshuffle has intensified, some international players have been forced to withdraw from the LED lighting chip market. Chinese LED chip manufacturers have also reduced the proportion of lighting chip business. Most of the suppliers remaining in the market are LED The lighting chip business has been in a state of loss for a long time. The Chinese market is the first to increase the price of low-power lighting chips. In the short term, it is a measure for the industry to improve profitability. In the long term, the industry will gradually return to normal by adjusting the balance of supply and demand and increasing the concentration of the industry.
