General Electric's (GE +1.4%) lighting unit may draw as much as 75% of sales from light-emitting...

|About: General Electric Company (GE)|By:, SA News Editor

General Electric's (GE +1.4%) lighting unit may draw as much as 75% of sales from light-emitting diode products within the next decade, compared with less than 10% now, according to the GE unit's chief. Consumer demand for LED bulbs, inhibited by typical prices of $40 or more, will increase as the cost drops, he says.