China LED Makers to up Prices Due to Rising Costs

Data: 2017-03-08

In response to increased material costs for aluminum substrates, copper foil, plastic and paper boxes for product transportation, China-based LED lamp and light bulb/tube makers will hike quotes by 5-15% and 8-15% respectively, according to industry sources.

Material costs have drastically risen since the end of 2016 and may further rise 10%, the sources said. To cope with the hikes, MLS, the largest China-based LED packaging service provider and LED lighting maker, will invest CNY3 billion (US$436 million) to set up capacity to produce CCLs (copper-clad laminates) mainly for own use.
China-based makers of fine pixel pitch LED displays are also likely to hike prices, the sources noted.

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