Everlight Anticipates Impacts on LED Lighting Products Prices due to Trump’s Tariff

Everlight, the leading Taiwanese LED package company commented on the tariff policy of the U.S. government and considered that there might be impacts on the prices of LED components and LED lighting products.


(Robert Yeh, CEO, Everlight)

Robert Yeh, the CEO of Everlight, said that due to the 10 percent tariff on LED lighting products and the 25 percent tariff on LED components, Chinese companies might stop selling massive amounts of products to the U.S. The production will probably turn to other non-U.S. markets with even lower prices which will bring impacts on the prices of LED lighting products.

Yeh indicated that the company will continue to reduce the production cost for maintaining its competitiveness in the market and might cut down the revenue share of lighting products. The current proportion of lighting products is around five to six percent.

According to Yeh, as Everlight provides LED components to China and Chinese manufacturers make end products and then ships the products to the U.S., the supply chain might be affected by the imposition of the tariff which will be effective in September. However, it is hard to tell yet how the market will react.

As for the company’s Mini LED progress, Yeh reported that Mini LED products are scheduled in Q4 with small volume targeting automotive applications.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE