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LED package products prices dropped a bit earlier in the year 2019

A market survey reveals that prices for some of the high- and mid-power LED package items in the Chinese market continued to fall in May 2019.

LED package prices continued to fall in May bacause of falling chip prices, but the escalating US-China trade war was estimated to make an influence on LED package products prices. Suppliers are expected to continue price adjustments according to changes in upstream chip prices. 
LED encapsulation products on the market
For automotive LED encapsulation products, the automotive market remained poor and sales continued to drop earlier in the year 2019. Prices for mainstream automotive LED package products declined downwards by 2%-3%. Automotive LED revenues for major suppliers like OSRAM and Lumileds either kept flat or declined a bit in 2018, while Nichia and Stanley saw revenue growths because of the excellent performance of the Japanese vehicle market in the same year.
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