Philips' Van Schooten said that initially, prices of its LED tubes will still be higher than fluorescent lights.
NPR: Goodbye Fluorescent Bulb? Philips Says Yes.
"The case is rather compelling, but of course it takes some time to replace existing infrastructure, " Van Schooten said.
"This is a major step forward for the lighting world, " said Rene van Schooten, CEO of Philips' light sources division.
"Clearly we'll have to phase that out, " Van Schooten said.
Van Schooten said the Philips lamp is different.
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