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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Signify, the world leader in lighting, has been awarded the Platinum sustainability rating from EcoVadis, underscoring its consistent leadership in sustainability. The ranking places Signify among the top 1% of companies evaluated worldwide. W... READ MORE

Aledia, the leader in nanowire and 3D silicon-based microLED display technology, is proud to announce it is a winner in the Computing, Chips, and Foundational Technology category in Fast Company’s Next Big Things in Tech list. This prest... READ MORE