LEDs Must Drop To 10% Of Price In 2005 To Go Mainstream In General Lighting By 2012

In order for LEDs to become common in the general lighting market by 2012, LED prices need to fall to 10% of 2005 prices, according to Schiu Sche, consultant to the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA). Sche pointed out that LEDs started to be used in lighting applications in 2004-2005 and that the price of such LEDs has already dropped 30% in the pass three years.

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