Everlight Estimates LED Bulb to Drop to US$10 in 2nd Half of 2012

According to Y.F. Yeh, Everlight ‘s Chairman, the price point for LED light bulbs will drop to the US$10 “sweet spot” in the second half of 2012.

He estimated brisk demands for LED light bulbs at the sweet spot of price point will definitely drive up the company’s revenue in 2012. However, LED market will remain hazy in the first quarter this year before turning brightwhen the US$10 spot comes in sight in the second half.

So far, the company has ventured into the LED lighting fixture sector after setting up Everlight Solid State Lighting Co., Ltd. and introduced a spate of lighting fixtures, including desktop lights, streetlights, light bulbs and grow lights.

What’s more, as the horticultural industry using LED lights would create huge business opportunities when people begin thinking of securing steady agricultural harvests with plant factories, the company is marching into the horticultural sector using its grow lights.

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