LED the price will drop 10% to become the mainstream lighting

SchiuSche, an adviser to the Taiwan electric and electronics manufacturers association, said that in order to make the LED in 2012 before the general lighting market is widely used, LED prices must be reduced by 10% in the price in 2005. Sche pointed out that LED began in 2004-2005 lighting applications in the past three years, LED prices fell by 30%. Sche said LED prices need to be widely used in 2005 based on the price drop 10% possible to general lighting market before 2012. LED in order to enter the solid-state lighting applications. Government support and guidance is necessary to replace the traditional light and create new technologies. Currently, the LED industry is facing two bottlenecks, high production costs and imperfect supply chain, which may give consumers a problem after installation. Industry manufacturers pointed out that the LED will continue to improve the efficiency of light, in 2010 before the Taiwan manufacturing LED light efficiency will reach 90 lumens per watt. The biggest challenge then is the price.

Source: China lighting business