Bloomberg reported that Michael Petras, president and CEO of GE Lighting, a lighting subsidiary of GE, said in an interview that the company's revenue in the next 10 years will be up to 75% from LED products, far less than the current 10%. . He said that as prices fall, consumer demand for LED bulbs is gradually increasing.
GE is scheduled to launch its first home LED bulb in place of a 40-watt incandescent bulb in November, consuming only 9 watts, lasting 22 years, and priced at about $50. Petras said retail prices for home LED bulbs will be less than $10 in 10 years. US law stipulates that 100-watt incandescent bulbs (Incandescent Bulb) must be completely shut down in 2012, and other incandescent bulbs with lower luminous rates will also be discontinued.
The US LED stocks heard the news on the 13th. Cree Inc., a member of the Philadelphia Semiconductor Index and a leading manufacturer of light-emitting diodes (LEDs), rose 3.98% to close at $54.62, the highest since September 29. Veeco Instruments Inc., a Philadelphia-based component and organic metal chemical vapor deposition system (MOCVD) equipment company, rose 10.8% to close at $41.03, the highest in the 30-unit stocks and the highest since August 4. MOCVD equipment maker Aixtron AG rose 10.77% to close at 31.78 US dollars, the highest since July 27.
Li Shiyi, Managing Director of Cree Hong Kong, attended the "LED Lighting Industry Development Forum" at the Institute of Industrial Technology on October 13 and pointed out that Philips, the lighting brand manufacturer, has increased its global LED lighting penetration rate from 2% last year. This year's 5%-6%, and estimated LED lighting penetration rate will reach 50% in 2015. This means that the market penetration of global LED lighting will exceed 10% from 2011 to 2012. According to the study, when the penetration rate of a certain product reaches 10%-15%, the penetration speed will accelerate.
The New York Times reported on August 11 that TheHome Depot, Inc., the global home improvement retailer, began selling an EcoSmart series of LED bulbs at a price of only $19.97, equivalent to 40W, on the website. The physical store was launched in September. . HomeDepot's partner is the Lighting Science Group in Florida; the Florida manufacturer is also a contractor for the National Aeronautics and Space Administration (NASA). A HomeDepot spokesperson pointed out that the above-mentioned LED bulbs were very popular as soon as they were launched, and even out of stock.
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