Time goes by unconsciously. The memory of New Year's Day in 2021 is still fresh. In a blink of an eye, the date has come to April and a half, and the first quarter has passed. Fortunately, time does not pass without a trace. Looking back on these short three months, the LED industry is extremely exciting.
1. The price hike is coming again
You say it is out of stock, I say price increase.
At present, the entire LED industry has different degrees of shortages in equipment, chips and devices. Coupled with the increased transportation costs caused by the epidemic, the LED industry is experiencing the longest price increase cycle.
Internationally, international lighting companies such as Valmont, Lutron, MaxLite, TCP, ULT, GE, Osram, Schneider, and Philips have issued price increases, while Cooper Lighting, Hubbel, and Signify have even announced price increases for the second time.
Domestically, price increases have spread to the entire supply chain, including chip factories such as San'an, Huacan, and Qianzhao, packaging factories such as Mulinsen, Dongshan Precision, Zhaochi Optoelectronics, Hongsheng Optoelectronics, and Everlight, and Chipone North, The driver IC factories such as Fuman Electronics and Ming Microelectronics, and terminal enterprises such as Landvance, Op Lighting, Sanxiong Aurora, Foshan Lighting, Sunshine Lighting, and Seton Lighting, have frequently reported price increases.
