2013-08-23

LED Energy Saving Luminaries Benefit as Rare Earth Prices Plummet

Known as a new generation of energy saving luminaries, prices for LEDs are 6-10 times that of their equally luminous counterparts, rare earth phosphor lamps. However, LEDs have much higher energy efficacy which can increase price/performance ratio for high power consuming public places. With soaring inflation and rapidly dropping prices, rare earth phosphor lamp quotas are plummeting. Investors have slowly begun to lose faith in rare earth and as a result orders have decline dramatically.
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