Lighting Science and Dixon Technologies India plan to sell a 60-watt equivalent LED bulb for...

|By:, SA News Editor

Lighting Science and Dixon Technologies India plan to sell a 60-watt equivalent LED bulb for less than $15. Given that similar bulbs now sell for about $40, this would represent a major pricing advance for LED lighting. LED chipmakers such as CREE and LEDS, who have struggled in 2011, are banking on higher lighting penetration rates to fuel growth.