China led bulb lights prices continue to fall

     The first quarter of 2014, China LED bulb price fell more than 20%, continue to maintain a rapid decline. China led bulb lights prices continue to fall for two main reasons:
     On the one hand, technological advances have enabled the LED bulb production costs continue to decline. On the other hand, the market competition makes the "price war" has become an important means of competition of enterprise. Bulb price is decreasing continuously, but since 2013, LED bulb lamp average price decline was slowing trend.
     From the perspective of the prices of major brand products,  in addition to cnlight, other brands China led bulb lights price in March than last month prices fell, the Philips product price large drop, decline in more than 10%. In 2013 October -2014 year in March, the ten major domestic brand bulb average price dropped month by month, in March the average price is half a year ago prices fell 11.6%.

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