LED Lamp Sales Boom in Taiwan on Electricity Rate Hike

Taipei, May 23, 2012 (CENS)--The upcoming implementation of electricity rate hikes has sparked shopping for LED bulbs in Taiwan.

Everlight Electronics Co., Ltd. said it had sold out its first batch of NT$299 (US$10.3 at US$1: NT$29) LED light bulbs, numbered at 100,000 units, at 7-11 stores and is calling for urgent replenishment of another 100,000 bulbs.

Everlight executives pointed out the company has talked with President Chain Store Corp., which owns Taiwan's 7-11 stores, over fresh build-up of the bulbs at the stores. Industry executives feel that Everlight is likely to win the contracts to equip all of the company's 4,800 chain stores islandwide with LED lights.

Delta Electronics Inc. is urgently building up inventory of its LED bulbs at Costco's Taiwan stores, where its bulbs are out of stock. According to Delta executives, the company will replenish five folds the number it sold out at Costco stores.

Everlight and Nanya Photonics Inc. will add Carrefour stores to its contracted retailers in June, while Delta plans to sign up the 23 B&Q stores in Taiwan to sell its light bulbs. The Tatung Group makes its LED lamps available at its 243 stores islandwide.

An 8W LED bulb can consume 40% less electricity than fluorescent lamps and 90% less than incandescent bulbs while serving much longer than any of them.