Average retail price for 7-Watt LED bulbs (equiv. to 40-Watt incandescent bulbs) in the China market in Jan. down 6.4% on month to CNY33.4 (US$5.4), while prices for 9-Watt LED bulbs (equiv. to 60-Watt incandescent bulbs) rose 13.5% to CNY42.1.
Average retail prices for 40W-equivalent and 60W-equivalent LED bulbs in Japan in Jan. stood at JPY1,709 and JPY3,299 respectively, with the 40W-equivalent LED bulbs growing 0.6% on month and 60W-equivalent LED bulbs growing 1%.
Average retail prices for 40W--equivalent LED light bulbs and 60W-equivalent LED bulbs in Jan. in other markets were: KRW13,542 (up 18.8% on month) and KRW14,191 (down 1.2%) in South Korea; $21.70 (up 21.2%) and $19.40 (down 1.0%) in the US; and EUR9.10 (down 4.2%) and EUR13.50 (down 4.3%) in Europe.