2016-12-05

Chinese LED Package Price Surge at Record Rate

Early in May, Luxlite, Epistar's sole distributor in China, has sent out an announcement of price adjustment, listing a number of reasons for price increase, including continuingly increased raw materials and manpower costs.  (Official announcements from Luxlite, Smalit and Rishang regarding the rise of LED package price) Chinese LED chips manufacturers San’an Opto and HC Semitek followed suit Epistar’s lead in raising LED chip prices, which was considered as an early sign of recovery from the heated price war since 2014. Major...
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Recently, the world’s largest monolithic LED virtual production volume—jointly developed by Absen and Versatile Media—made a high-profile debut, drawing widespread attention across the industry and beyond. As a global leader ... READ MORE