Seeking Alpha

The retail price of LED bulbs will fall to $1/watt by year's end thanks to price pressure from...

The retail price of LED bulbs will fall to $1/watt by year's end thanks to price pressure from Chinese firms, predicts the CEO of LED packaging firm Edison Opto. Currently, 12W (60W incandescent equivalent) LED bulbs typically carry a U.S. retail price of more than $2/watt. Such a rapid price decline would cause more near-term pain for CREE, LEDS, and other industry players, but would also boost LED adoption in the business and outdoor lighting markets.
Comments (1)
  • There's a huge market for commercial and industrial lighting, and high-end residential. The low end consumer market is not what CREE is about, unless you include high-end utility flashlights, where CREE is the leader.
    27 Jun 2012, 02:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)