According to a research,Feb. average retail prices for 7-Watt LED bulbs (equiv. to 40-Watt incandescent bulbs) in the China market rose 10.8% on month to CNY37, while 9-Watt LED bulbs (equiv.to 60-Watt incandescent bulbs) rose 4.3% to CNY43.9.
The report indicated that Feb.average retail prices for 7-Watt and 9W-Watt LED bulbs in Japan stood at JPY1,782 ($15) and JPY3,315 respectively, rising 4.3% and 0.6% on month.
Feb. average retail prices for 7-Watt and 9W-Watt LED bulbs in other markets were: $21.20 (down 2.3%) and $19.40 in the U.S.; EUR9.60 ($11, up 5.5%) and EUR14.2 (up 5.2%) in Europe; KRW9883 ($8.90, down 27%) and KRW14,088 (down 0.7%) in South Korea.