According to Digitimes Research, May average retail price for 7-Watt LED bulbs (equiv. to 40-Watt incandescent bulbs) in the China market rose 8.6% on month to CNY39 (US$6.3), and that 9-Watt LED bulbs (equiv. to 60W incandescent bulbs) rose 3.4% to CNY39.4.
The report indicated that average retail prices for 7-Watt and 9W-Watt LED bulbs in the Japan market in May stood at JPY1,760 ($14) and JPY2,839 respectively, with 7-Watt LED bulbs increasing 2.3% on month and 9W-Watt LED bulbs falling 0.5%.
Average retail prices for 7-Watt and 9W-Watt LED bulbs in May in other markets were: KRW9,830 ($8.9, down 2.4% on month) and KRW14,186 (up 0.4%) in South Korea; $19.7 (down 1%) and $18.4 (down 4.7%) in the US; EUR9.4 ($10.5, down 5.1%) and EUR14 (down 1.4%) in Europe.