In the Taiwan market, LED bulbs accounted for 50% of all types of light bulbs in 2014 and the penetration rate will rise to 60% in 2015.
There is demand for 20-25 million light bulbs of all types in Taiwan a yea. For LED bulbs in particular, the Taiwan government implemented compulsory compliance with national standards in July 2014. Sales prices for new LED bulbs in compliance with such standards have appeared to be relatively steady and therefore price drops in the near future are expected to be within a single-digit range.
As the Taiwan LED bulb market has been mature, consumers' purchase consideration will shift from power savings to safety, adding blue light and stroboscopic effect are 2 major problems in the safety of LED bulbs.