Recently, a letter of price hike hit again, including BPSEMI , LEYARD, SIGNIFY,SILAN and other LED lighting related companies have issued price hike letters, the effective date of the price hike is July 1.
LEYARD
On June 30, Lyard said that due to the rising costs of upstream raw materials (semiconductor chips, PCB, chips, etc.), LED module raw materials procurement costs have increased to varying degrees, and supply costs have risen sharply. For the sustainable development of the company and to adapt to the LED display market demand, we will adjust the indoor and outdoor products based on the change of cost from now on.
SIGNIFY
On June 28, SIGNIFY (China) Investment Co., Ltd. issued a notice on the price adjustment of Philips brand LED module and drive products in 2021. From June 29, 2021, SIGNIFY has decided to adjust the suggested retail price of LED modules and drive product lines, with a suggested increase of 5-10%.
EXC-LED
The announcement on the price adjustment of the company's products released by EXC shares shows that, affected by the epidemic and the overall rise of international bulk raw materials, EXC shares decided to raise the price of different series of products by 10-30% from July 1. The price adjustment will be implemented with a new contract signed on July 1, 2021.
MLS
Fujian MLS lighting co., LTD., issued a letter of contact on June 30, said that due to the market prices of various raw materials and chips continue to rise, in order to coordinate the benign production and business development of both supply and demand, the company decided to study all lamp bead models in the original price on the basis of 5%, the implementation today.
BPSEMI
June 30, LED driver chip leader BPSEMI once again released the price adjustment letter! According to statistics, in 2021, BPSEMI issued a total of 7 price increase letters.
BPSEMI said the new price will apply to all previously effective but not yet completed orders and new orders from July 1, 2021, due to rising upstream raw material costs, tight fabs and packaging and testing capacity and long lead times.
2021-7-16