How Does Chip Emergency Affect Lighting Enterprises

Chip panic, global chip emergency, has been plaguing all walks of life, the epidemic repeated, chip production capacity shortage, market demand surge and some manufacturers speculation, stock caused by price deviation and other factors, causing the supply of chip periodic tension. Although the core shortage problem has been alleviated to a certain extent in some areas, there is still a long way to go before it is fully alleviated.

In the post-epidemic era, the global core shortage crisis will become more severe in 2021, especially in the United States, Southeast Asia, South Korea and Japan, where the chip manufacturing industry is concentrated. Until now, the global COVID-19 epidemic has not been completely contained. The situation of rising raw material prices and short supply of foundry capacity continues. In 2021, the competition in the LED industry will become white-hot, and rising prices have become a common phenomenon in the industry. Many outdoor lights factories at home and abroad announced two or three price rises for some products to hedge material prices and maintain reasonable profits.