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Article

Title: A Bright Idea

Author: Kedrosky, Paul Article Type: Product Analysis
Source: Business 2.0, v7 n6 p38(1) Publication Date: Jul 2006
  ISSN: 1080-2681
URL of Publication: http://www.business2.com

Light emitting diodes (LEDs) could replace bulbs and the way people use lighting in the near future. Lighting technologies have been unchanged for years. Incandescent technologies have not changed for over a century and fluorescent lights have stayed the same for 50 years, but with advancements in LED technology, lighting is soon expected to change. The technology has grown significantly in recent years, due mainly to the demand from cellular phone companies. Higher production is bringing down the prices of LEDs, making it possible to adopt the technology in lights for the home. LED offers advantages over the current lighting technologies in terms of power efficiency, life span, and fewer polluting elements. Increasingly, it is being used in digital camera flashes, Christmas lights, and video displays. In 2007, the Lexus car model will use headlights using LED technology. The development of LED-based lighting is also spurring interest in companies that produce lighting systems. More investments are pouring into business ventures on lighting and LED technology. In the coming years, LED-based lighting could become more common in household products. Already, LED is being used to light up kitchen countertops or even to conduct search-and-rescue operations.

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