The LED lighting industry has emerged in recent years with the aim of replacing the more common incandescent, compact florescent, halogen and other types of indoor and outdoor lights for the commercial and residential space.
The basics: As you probably know, Congress passed a law that basically compels the lighting industry is phasing out the warm and incredibly inefficient light provided by incandescent bulbs, which are nice for a warm glow, but not so nice for the Earth or your energy bill.
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Solid-state lighting as an industry is actually fairly young, with commercial production of white light LEDs first starting less than 20 years ago.
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The startup is competing with other LED lighting startups as well as industry giants such as Philips and Toshiba.
Now Watkins is gunning to do the same thing in a whole new industry: solid-state lighting.
Clearly, Cree is a large part of a hot industry, and its LED lighting products are likely to continue to show robust growth as more households and businesses switch over from more energy intensive incandescent bulbs.
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For workers in Los Angeles who depend on the entertainment industry, such as carpenters, lighting technicians, hairdressers and dry-cleaners, the prospect of film-making coming home is welcome.
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By the time he went away to Phillips Exeter Academy on scholarship, his name was already lighting up the ears of hip-hop heads and music industry insiders around New York.
The lighting market remains unsaturated and is expected to generate significant growth for the LED industry.
Itron (ITRI) has the leading market share in the global smart metering industry, and Echelon (ELON) provides network solutions and interfaces for street lighting, residential appliances and facility monitoring.
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