Chinese LED Package Price Surge
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. 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 LED package manufacturers including Smalit, Honglitronic, Xuyu Optoelectronics, and SAMSUNG have announced to raise [...]