Mulinsen's LED light source dropped by 40% and 3W bulbs will reach 6.3 yuan during the year
June 30, 2023
Starting from today, global LED light source manufacturing base Mulinsen shares will once again make substantial price adjustments for some LED bulbs and LED T8 light tubes, with price adjustments exceeding 40%. Its responsible person proposes that the retail price of 3W bulbs will reach 1 US dollar, or 6.3, during the year. Yuan Renminbi. This is the second round of price adjustment measures implemented since the beginning of the year. The two price adjustments cumulatively reached 70%, shocking the industry.
According to inside sources, the reduced products mainly involve 3W LED bulbs, 60cm and 120cm LEDT8 tubes, and some products have even lower wholesale prices (ex-factory prices) than some LED manufacturers.
"Mullinson's large-scale advantages have been very obvious at this time. This is something ordinary manufacturers can't do. It is a bit like the 'Glanz' in the home appliance industry." An industry celebrity commented. Known as the “LED Packaging Stealth Champion” (the largest in Asia), Zhongshan Mulinsen Co., Ltd. currently has a monthly production capacity of up to 2 billion LED products, 500 million digital cameras, and 1.2 billion LED chips. Diodes, dot matrix, digital tube, clock board tens of billions.
Industry experts predict that when LED products begin to be widely distributed in traditional distribution channels, cost-effectiveness is the most effective offensive weapon. The use of its large-scale manufacturing advantages and reliability of quality assurance, Mulinsen shares will greatly reduce the price of conventional LED light source products, which will cause a huge impact on the industry. The most important ones are those that lack competitiveness. LED light source business and channel distributors.
For the retail price of 3W bulbs for the year of 6.3 yuan, according to the sales volume of Chinese LED bulbs in 2012, the sales volume will increase as incandescent bulbs, the market capacity will reach 30 billion yuan, will enter the civilian consumption. It is reported that Mulinsen Co., Ltd. has officially planned and entered the domestic LED light source market since 2010, with a view to seizing opportunities in the LED market. As of April this year, the first batch of 10 provincial-level logistics centers and nearly 400 distribution online stores have been established nationwide. The main reason for this is that high-quality channels will seize high-quality upstream resources.
