As the efficiency of LED lighting continues to grow with new research and technology, making the switch from incandescent bulbs to LED lighting seems the wise and frugal choice, especially with the cost of utilities rising.
Compared to traditional lighting methods, LED lighting proves superior in a number of ways:
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Respected LED manufacturer, Cree has signed an agreement to acquire LED Lighting Fixtures, Inc., a LED fixture manufacturer that has developed LED lighting retrofit products. This collaboration gives Cree a solid foothold in the LED market, from LED chip manufacturing to packaged LED fixtures. The acquisition also puts Cree in competition with some of its existing LED customers, though industry experts say this is not uncommon.
“The combination of Cree’s lighting-class LEDs and LLF’s lighting-systems technologies should set the stage for Cree to obsolete the light bulb, a 19th century invention that wastes energy and pollutes our environment,” said Cree CEO, Chuck Swoboda.
