Paul Kedrosky Talks about LEDS
Exerpt..
(Business 2.0 Magazine) — Technology revolutions have touched every aspect of daily life, except one: light.
The two main methods by which we light our homes, offices, cars, and the like are fluorescent and incandescent technologies. The former hasn’t changed much in 50 years, and the latter hasn’t changed appreciably in more than a century.
It’s time to flip the switch. Bright and cost-effective technologies are arriving, and they’re finally beginning to supplant old lighting sources.
Most of these new lights are variants on light-emitting diodes, or LEDs. But these are not the LEDs of your youth – simple red or yellow lights that turn on and off. Instead they’re power-efficient, bright, small, and long-lasting, and can produce a spectrum of colors.
The market beyond cell phonesIn 2005 high-brightness LEDs were a $4 billion industry, one that until recently had been growing an average of 42 percent a year, thanks largely to cell phones. Phonemakers have been snapping up LEDs at a furious pace for years. Today that market is more or less saturated, with industry analysts expecting single-digit growth in 2006.
Posted July 28, 2006 - Filed In LED Business
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