29 Aug '11, 7pm

Lighting Science’s $15 LED Bulb: Four Reasons Why LEDs Are the New PCs via @greentechmedia

Lighting Science and Dixon today announced that the two will produce a 60-watt equivalent LED bulb for $15, effectively slashing the price of solid state lighting for consumers in half. The bulb will first appear in India at the end of the year, but go global in 2012. The bulb is similar to the $30 60-watt equivalent bulb released by Lighting Science in the U.S. earlier this year (pictured). The new bulb, however, will even consume less power--only 8.5 watts--and, of course, cost less. Lowering the power consumption will also help make the bulb easier to use (or at least improve customer satisfaction) in India, where blackouts and brownouts remain daily occurrences. The lower price derives from three factors that make the lighting business look almost like the PC industry circa 1987. First, chip improvements are leading to lower prices in the same way that advances in proc...

Full article: http://www.greentechmedia.com/articles/read/lighting-scie...

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