2014-07-07

Conclusion of Chinese CFL Subsidies Heralds LED Lighting Era

Energy efficient CFL bulb’s hay day may soon be coming to an end. Chinese government CFL subsidies started in 2008 are to conclude, according to Chinese media CCTV2 on July 4, 2014. At present, the China Development and Reform Commission and the Ministry of Finance along with other relevant departments, are researching and promoting government subsidy policies for LED lighting products. The subsidy’s scope and amount will be adjusted according to the base characteristics of CFL lighting relative to those of LED lighting. 
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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