LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of 40-watt equivalent LED light bulb stood at US$9.6 in May, translating to a monthly drop of 1.6%. The global ASP of 60-watt equivalent LED light bulbs in same month also fell 1.4% compared with April to US$12.9.
LEDinside analyst Allen Yu said the LED industry was showing signs of rebound in the second quarter. In the chip market, the downtrend came to an end and some product prices even went up. The prices of LED light bulbs also slowed down their decline.