Cree: LEDs aren't just more efficient, they're better
Cree today introduced an LED lighting component that will bring prices down significantly, but the company has come to realize that only cutting prices won't make LED lighting mainstream.
The company said its latest XT-E White LED delivers an industry-best 162 lumens per watt at room temperature. Boosting the price performance of LEDs results in a cost reduction of about 25 percent at the retail level in a year or two, said product marketing manager Paul Scheidt.
That's significant given that LED lighting has a higher upfront cost than more established products, but Scheidt said the industry's … Read more

