Philips Lumileds company is optimistic about the LED Market

In the 2007 Taiwan International Conference on solid state lighting, Philips Lumileds R & D department executive vice president of Frank Steranka LED optimistic about market prospects in the next few years, the reason lies in the car, handheld devices, digital cameras and lighting market for LED strong demand. Steranka says 2007 will be a year of LED's development in the lighting market. With LED manufacturers continue to explore more advanced technology to 100lm/W features LED is expected to debut next year. In the next 3-4 years, the performance of LED products on the market may reach 150lm/W (LED current light efficiency of about 80-85lm/W). Lumileds has been working on the development of LED related vehicle products for a long time, the company will launch new products in 2008, and has a number of auto companies (such as Audi) to cooperate in this field. As for the LCD TV backlight market, due to the CCFL (cold cathode fluorescent lamp, LCD mainstream TV backlight) there is a huge price difference between LED and Steranka, LED estimates the earliest in 09 years or 08 years in this field have great progress.