LED light over the next decade to 75% market share increase GE executives said recently that, although the LED light products, current market share of less than 10%, but they have confidence in the next decade will increase this figure to 75%. GE light MichaelPetras said, as prices fall, LED lamp demand will rise, and competition between suppliers help to reduce chip cost. MichaelPetras said: "The chip suppliers has continued price war, they always want us to be patient and to lower prices to sell more of our chip, chip prices will fall a lot every year." In accordance with the relevant provisions of the United States, 100W incandescent lamp will be discontinued in 2012, which allows consumers to have to find other types of bulbs, including halogen lamps included. Furthermore low-power incandescent light market in future will also be out. MichaelPetras also revealed that the introduction of the new energy law will accelerate the changes in the light market in the next few years, and the rate of change over the past 50 years changes. Not good news is, in the United States only 25% knew the introduction of new legislation. (Editor:admin) |