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Prices are rising again! Lighting companies such as Signify, Leyard, and NVC Lighting have successively announced price adjustments!

Source: China Light Views: 6213

Recently, the lighting industry has entered another round of intensive price hikes. Due to a combination of factors—including global semiconductor capacity constraints, extended lead times for key components, and persistently high raw material prices—many lighting companies have issued price adjustment notices.

Signify

On August 24, Signify’s OEM division announced that, effective October 1, 2026, the supply prices for Philips and Stylus brand LED OEM product lines—including outdoor power supplies, indoor power supplies, LED modules, and related accessories—will be adjusted, with an expected increase of 10%–15%.

Signify stated that, in recent months, ongoing tightness in global semiconductor capacity and supply chain resources has led to severe shortages of critical electronic components and core raw materials, particularly with extended lead times for power‑supply‑related parts. The company anticipates that these supply pressures will persist over the next few quarters. To ensure product quality, supply stability, and service levels, Signify has decided to implement price adjustments for its OEM products.

Against the backdrop of current market supply constraints, Signify advises partners to promptly finalize demand forecasts and order schedules for the next three to six months, enabling both parties to better secure supplies for priority projects and mitigate risks.

Signify also emphasized that it will continue to strengthen its reserves of critical materials and invest in production capacity to address these challenges.

Unilumin Technology

On August 21, Unilumin Technology issued a price adjustment notice, stating that, starting September 5, 2026, it will gradually implement moderate price increases across all product lines over the following ten days.

Unilumin explained that, driven by sustained rises in raw material prices, the procurement costs of its core materials have increased significantly. Although the company has made internal optimizations to absorb part of this pressure, it has nonetheless determined to adjust prices to maintain stable delivery of high‑quality products and services.

NVC Lighting

On August 15, Huizhou NVC Optoelectronics Co., Ltd. launched a new round of product price adjustments targeting nationwide operators and distributors.

The notice highlighted that, since the beginning of the year, core raw material prices in the lighting industry have remained at elevated levels. Earlier, under cost‑pressure conditions, NVC had already implemented price adjustments while simultaneously mitigating some of the increases through internal cost‑reduction measures and supply‑chain optimization. However, since the second half of the year, raw material prices have shown no signs of easing; certain categories continue to climb, pushing production costs to their limits. Following careful evaluation, NVC has decided to initiate another round of price adjustments.

This round of adjustments sets price increase ranges between 2% and 5%, while exempting certain core product categories from changes. Specific sub‑categories are allocated distinct increase bands: downlights and office lighting products see average hikes of 3%–4%; household appliances, light sources, and ceiling lights face average increases of 2%–5%; professional‑grade products rise by an average of 5%; and home‑use and smart‑home products experience average increases of 2%–3%.

Sanxiong Aurora

Recently, Sanxiong Aurora also issued another notice raising distribution prices for its commercial‑division products, effective at 6:00 p.m. on August 8, 2026.

Specifically, kitchen and bathroom lights, downlights, and basic mounting brackets will increase by 2%; magnetic‑mount systems, light strips, and accompanying power supplies will see a 3% price hike; kitchen appliances, switches, and outlets will rise by up to 5%, with select power‑supply and light‑source categories experiencing maximum increases of 10%.

Sanxiong Aurora stated that, due to rising raw material costs and in order to consistently ensure product quality and stable supply, the company has decided, after internal deliberation, to adjust the distribution prices of certain commercial products. Orders placed after 6:00 p.m. on August 8, 2026, will be processed according to the newly adjusted prices.


Since 2026, the aforementioned companies have carried out multiple rounds of price adjustments across their product lines or specific segments. Leading enterprises have taken the initiative, and smaller manufacturers are likely to follow suit, signaling the emergence of a full‑chain price‑increase wave.

China Light Network also noted that Signify has provided a relatively generous transition period—from the issuance of the notice to the official implementation date of October 1—significantly longer than previous pricing cycles. This approach not only gives partners more time to stock up but also helps downstream customers lock in orders early, thereby alleviating inventory and production‑scheduling pressures upstream.

For distributors and project contractors, the most pressing question right now is whether—and how much—to stock up ahead of the price hike, a decision that directly tests their ability to accurately forecast future market demand.



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