Another big company, Eaton, USA, announced the price increase of LED lighting products
In an open letter to the distribution agent on May 15th, local time, Eaton said that Eaton Lighting will increase its legacy technology products and high-end LEDs as the cost of metal materials, raw materials, freight and parts continues to rise. And the price of the control product (select LED and controls products). The average increase is 6%, depending on the type of product. Metal products account for a higher percentage of products that may rise above 6%. Eaton Lighting said that this adjustment will be implemented on July 16 this year. It also stated that due to the continuous changes in the materials market and government regulations, Eaton Lighting has the right to change the implementation time and price increase. A few days ago, another US company, Acuity Brands, announced that it would raise prices of all traditional lighting products and various LED products by 6% in the United States starting June 11. For Acuity's price increase, a British manufacturer said the move could be seen as a “turning point†in the trend of falling prices over the years. Media Lux believes that "Acuity's bold statement this week will be emulated by other brands." New Products SHENZHEN CHONDEKUAI TECHNOLOGY CO.LTD , http://www.siheyidz.com