[High-tech LED News] Philips Lighting launched a new LED lighting solution at the 2011 Lightfair International Lighting Exhibition held in Philadelphia this week, and exhibited a wide range of LED lighting products for offices, shops, homes and outdoor.
The president of Philips Lighting North America said at the show that LED lighting has become widely recognized and the company is rapidly advancing commercial and residential LED lighting products. In the next five years, the cost of LED lighting products will drop by 50%. It is estimated that by 2015, 50% of the company's sales will come from LED lighting, and will increase to 75% by 2020.
The president of Philips Lighting North America said at the show that LED lighting has become widely recognized and the company is rapidly advancing commercial and residential LED lighting products. In the next five years, the cost of LED lighting products will drop by 50%. It is estimated that by 2015, 50% of the company's sales will come from LED lighting, and will increase to 75% by 2020.
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