Posted On: 08/13/2013 11:06:36 AM
Post# of 1004
Interesting that as LED prices fall and become more economical, demand has also increased allowing revenues of LED's to continue to grow.
The attached article cites that LED prices have declined 25% and yet overall revenues for suppliers has increased approx 46%!!! This trend is expected to continue through 2016.
With the emergence of their LED Lighting Division (Green City Planet, LLC), BLDW will be able to capture a portion of this market share (Global revenue for LED packages hit $2.04 billion in 2011, according to Strategies Unlimited) and continue to earn revenues for many years to come.
http://www.electroiq.com/articles/sst/2012/07...-2016.html
$IFTF$
The attached article cites that LED prices have declined 25% and yet overall revenues for suppliers has increased approx 46%!!! This trend is expected to continue through 2016.
With the emergence of their LED Lighting Division (Green City Planet, LLC), BLDW will be able to capture a portion of this market share (Global revenue for LED packages hit $2.04 billion in 2011, according to Strategies Unlimited) and continue to earn revenues for many years to come.
http://www.electroiq.com/articles/sst/2012/07...-2016.html
$IFTF$
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