2012-12-25

Cheap Rare Earth Metals Drive LED Industry Uptake

A glut of manufacturing capacity and near-collapse in rare earth metal prices is driving down the cost and hence encouraging the rapid take-up of LED lighting. The Financial Times believes LED technology is reaching a tipping point, particularly for the commercial sector, as price declines bring forward the payback time on the initial cost of investment. According to McKinsey, quoted in the article, LEDs are set to account for 41 percent of the overall value of the lighting market in 2016 and 63 percent by 2020, versus 12 percent last year. Lighting is a huge consum...
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This year's report plays a key role in aligning with the upcoming standards of the European Union and is built on a significantly broader data foundation than in previous years. For the first time, the report includes all LEDVANCE entities... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE