Showa Denko K.K. has developed a light source similar to blue LEDs through a combination of violet, red, yellow, blue, and green LED chips, according to a recent report by Nikkei on November 21st. The light produced can reduce current LED blue light emitted by 95% and are less harmful to the eye than blue LEDs.
Although price for the new LED chips is two to three times that of current blue LEDs, it is expected prices for LCD panels or lighting that use these chips will only go up by 20-30 percent. Global blue LED monthly production volume is around 10 billion. Showa Denko forecasts replacement demands to be around 5 percent.