Along with Nikkei Inc., Japan Lighting Manufacturers Association (JLMA), the major contributor of the development and promotion of Japan’s lighting industry, last week organized Lighting Fair 2017 at Tokyo Big Sight, gathering industry professionals specializing in a multitude of lighting applications at West Hall 1 and 2 to provide an outlook of Japan’s lighting market and the joint future of the industry and the forthcoming global sporting event 2020 Summer Olympics.

LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of 40-watt equivalent LED replacement light bulbs came to US$6.8 this February, down 0.6% from the prior month. As for 60-watt equivalent counterparts, their global ASP in the same month stood at US$8.2, dropping 2.1% from January.

Seoul Semiconductor announced the immediate start of the mass production of its LED Chip-On-Board Package for use in LED filament bulbs, a market currently estimated to be USD 1.3 billion globally.