Smart-LED-lighting-G4Report

These days, LED bulbs are becoming more and more common. To stand out from the competition, light bulb makers are making their products “smarter,” giving them features that integrates them with existing technologies, such as mobile devices. Frankfurt - Lighting companies like Philips and Osram are scrambling to develop more advanced technology as a price war for LED bulbs threatens to eat into profits and bring on a period of low growth as the long-life bulbs become more common. The market for light-emitting diodes (LEDs) is growing rapidly as companies, hotels and shops switch from incandescent light bulbs, which are being banned in countries around the world, to these more efficient and durable lights. The whole story at News24


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