Filed under: Energy, Investing, General Electric , Green
First, there was the lightbulb. Then came the compact fluorescent. Now, the latest improvement in energy-efficient lighting has arrived: "bulbs" built around light-emitting diodes -- LEDs. Anyone who lived through the introduction, consumer acceptance, and eventual widespread deployment of CFLs can predict what will happen next with LEDs. First, a small percentage of the market will adopt them, then production will ramp up, prices will drop, and more people will buy LEDs as they get cheaper....
This LED IPO May Be the Bright Way to Invest in Smarter Lights originally appeared on DailyFinance.com on 2012-05-04T09:46:00Z.
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