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Home> Blog> LED lighting factory in the off-season is not light, Dongbei performance rebounded significantly

LED lighting factory in the off-season is not light, Dongbei performance rebounded significantly

March 29, 2023

Philips in the United States to take a low-cost light bulb promotion period ended, LED bulb prices rebounded in October, manufacturers no longer wait and see, LED lighting factory in the fourth quarter off season is not weak, Dongbei Optoelectronics in the United States began to pull goods, the performance rebounded more clearly .

Wu Qinghui, chairman of Dongbei, said that the low-priced version of Philips launched in the US retail market in April and May this year has come to an end. In October, there was a phenomenon of increase. The original two US$5, now rises to a warm color of 3.97 US dollars, white. 4.97 US dollars. The action of Philips also made the market wait and see atmosphere disappeared, and customers have begun to place orders.

Wu Qinghui said that the demand has been revived, so Dongbei's fourth quarter operation will be better than the third quarter, and it is expected that the single season is expected to grow by two digits. Dongbei's consolidated revenue in October was 588 million yuan (NT$, equivalent to RMB 114 million), a monthly increase of 6.9%, which was a three-month recovery. Wu Qinghui said that the Philips low-cost bulb promotion period ended and returned to the normal quotation. European and American lighting customers have resumed ordering. According to the order, the lighting products in the fourth quarter have strong growth momentum.


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