Real LED Maket that sell by Weight!
A Zhong Shan (China) LED manufacturer in Zhongshan, who sell all their products in the inventory cheaply as a last resort to payback suppliers towards the end of the year, suppliers are urging manufacturers to pay up, while employees are waiting for their salaries.
“They sell LED bulb for 10 RMB Yuan for 1 Kilo!”
Some manufacturers have declared bankruptcy as they find it increasingly difficult to survive with their low product sales, and easing market demands. However, this is the first company to sell products in this cheapo way.
As in general products costs will be further lowered, have higher luminaries efficiency and are easier to assemble, more players are dumping into this LED industry in China.
“This is darkness before sunrise,” said Zhengzhe Wu, former General Manager of Everlight. China Manufacturers that survive are still those that rely on lean manufacturer, simpler process and higher LED output per dollar and nothing less, good quality that makes a good brand name.