It’s an industry that is starting to shine brighter across the world as lighting firms switch to using light-emitting diodes or LEDs for their products. This is being boosted by governments phasing out the use of ‘old style’ lighting in favour of environmentally friendly alternatives. LEDs were developed in the west (and Japan) but as we have seen with solar panels, the Chinese could be poised to steal our thunder (or should that be lightning?) With state-funded factories all over eastern China, they are well positioned for manufacturing, and although their focus is currently on the low–wattage LEDs used in TVs, they may well increase manufacturing in lighting LEDs. Although the Chinese LEDs are lower cost, they may lose out to those seeking value; the US made lights typically last far longer, up to a decade, while the cheaper alternatives are said to often fail after a year or less. Read the full story.
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