Thanks in part to booming Japanese demand, Digitimes Research estimates LED lighting could...
Tuesday, February 21, 2012, 11:52 AM ETThanks in part to booming Japanese demand, Digitimes Research estimates LED lighting could account for 11.2% of the global lighting market this year, up from just 1.5% in 2009. Moreover, LEDs are expected to account for 25.8% of all lighting sales in 2014. But for now at least, all of that is cold comfort for an industry grappling with overproduction and severe margin pressure.
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