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China to end use of incandescent bulbs

Sep. 07, 2016 11:08 AM ETWolfspeed, Inc. (WOLF) StockPHG, WOLF, VECO, RBCN, LEDS, AIXXFBy: Yoel Minkoff, SA News Editor7 Comments
  • The China government will prohibit imports and sale of 15W to below 60W incandescent light bulb from October 1, 2016, leading to a complete end to use of such lighting products, DigiTimes reports.
  • The prohibition is expected to boost demand for LED light bulbs, sources noted. In particular, LED filament light bulbs will replace 15-30W incandescent bulbs.
  • Related tickers: (CREE +2.8%), (PHG), (RBCN +3.3%), (LEDS -1.4%), (VECO +0.3%), (AIXG +0.7%)

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