2014-02-21

Lights of America Fined US$21M Over Misleading Bulb Performance Claims

At the request of the Federal Trade Commission, a federal court has ordered a light bulb manufacturer and its owners to pay more than US$21 million for misleading consumers by exaggerating the performance of their Light Emitting Diode (LED) light bulbs.
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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