According to TrendForce’s “2011-2015 European LED Lighting Market Report” by the LED research division LEDinside, European LED lighting market’s rapid growth is attributed to the energy-saving awareness and high electricity prices in Europe, especially the latter. For example, if a 7W LED light bulb (a replacement for 40W incandescent light bulb) is used for eight hours a day for a month (31 days), it can save 8 kWh compared to using an 40W incandescent light bulb. With the electricity prices of EU-27, US$2 can be saved every month by...