Signify raises its LED lighting products

Recently, Signify announced that it will adjust the prices of some lighting-related products from June 1st. Depending on the product category, the price increase will be 3%-9%. The adjusted price list will be announced on or before May 1. Starting from the end of 2020, international lighting manufacturers have taken the lead in issuing price increase notices under the influence of many factors such as increased raw material costs, transportation costs, tight global supply, and increased foreign exchange rate pressures. Since March, many domestic lighting-related companies such as Foshan Lighting (6.22-1.27%, diagnostic stocks), Op Lighting, Sanxiong Aurora, and Seton Lighting have also followed up. Signify adjusts prices again this time, and other lighting companies may follow up simultaneously in the future. This year's price hikes will continue to ferment.

Signify raises its LED lighting products

The three overclocking products have been widely used in LED lighting and consumer electronics;

Mulinsen is a leading domestic LED lighting company. Through mergers and acquisitions, it has entered the business areas of smart home and professional smart lighting systems. In 2020, the introduction of Xiaomi's strategic investment will be added, and Mulinsen-related smart lighting products may be included in the Xiaomi ecological chain. Core management personnel and agents increase their holdings.

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