Seeking Alpha

Though times are tough for many LED industry players, the technology's crashing prices are...

Though times are tough for many LED industry players, the technology's crashing prices are having a disruptive impact on the lighting industry. Siemens (SI) says its Osram lighting unit will slash 850 jobs by 2014, due to the declining sales seen for traditional lighting products on account of the LED market's growth. Fellow lighting giants GE and Philips (PHG) are likely to face similar pressure. (earlier)
Comments (1)
  • dont forget the high prices for GLW gorilla glass also....they will feel the pinch more and more no matter how great the product is.
    17 Jan 2012, 10:10 AM Reply Like
DJIA (DIA) S&P 500 (SPY)