2014-12-30

LED Lighting Industry's Low Price Trends in 2014

Global LED package market is estimated to achieve US $14.6 billion in 2014, and grows at a CAGR of 3.2% during 2014-2018. Among all LED applications, LED lighting has the highest estimated revenue of US $4.8 billion in 2014, soaring with a CAGR of 12%. These figures suggest that LED lighting market has entered a high growth phase. Nevertheless, the prices of LED lighting products, such as lighting bulbs and tubes show a steady downfall trend.
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2014-12-15

Chinese Vendor Sells LEDs at Unbelievable Low Price

China’s low LED prices have taken on a whole new definition in Zhongshan city located in Guangdong Province, where bulbs are being sold in a similar way to vegetables on the market, according to an Alighting.cn report.
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE