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2013-11-19

Japanese LED Market Doubles in Size

Over the past few years, Japan has seen an upsurge in energy conservation awareness. In the wake of the Tohoku earthquake in 2011, the government has even proposed plans for a “low-carbon society”. LED products have since experienced rapid popularization becoming the poster child for energy saving products. A recent survey shows the Japanese LED market size will undergo explosive growth in 2012 of 195 percent to $420.4 billion Japanese yen (US $4.2 billion),as reported by Liberty Times.

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