Fuzhou LED lights have an annual average price cut of more than 20%. There is still room for price reduction in the future.

Recently, the reporter visited a number of lighting markets in Fuzhou and learned that in the past two years, LED lights have maintained an average annual price cut of 20% to 30%, and there is room for price cuts in the future, and the prospects are consistently optimistic.

Mr. Zhang, who runs a lighting store in Fuzhou, said that a brand of LED spotlights of 3 watts had to be 150 yuan when it was first launched. Now it has dropped to about 40 yuan, almost 30% off. Compared with the same period last year, most of the LED lights have dropped by about 30%, and some prices have been similar to the brand energy-saving lamps.

The relevant person in charge of Xiamen Tongshida Co., Ltd. explained that the chip technology of LED lamps has matured in the past two years, so the manufacturing cost has dropped rapidly. At the same time, the competition of various manufacturers is fierce, the market supply is large, and the price naturally comes down.

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