recently pioneered innovative financial solutions to enable the financing of LED installations

Roy Burton, CEO of Dialight was quoted as saying, "Replacing inefficient lighting with LED technology brings instant benefits for businesses wishing to reduce their energy bills and their carbon output. Dialight has recently pioneered innovative financial solutions to enable the financing of LED installations and thus enable more rapid deployment of white efficient lighting in our cities and in industry. I would like to pay tribute to our design teams on both sides of the Atlantic for ensuring this prestigious win for Dialight."

Taiwan-based LED chip maker Lextar Electronics expected the ratio for LED Linear high bay light applications would reach over 10% of its revenues in the end of 2010, from less than 5% at the beginning of 2010. And the company was to reduce product development time from 2-6 months to 1-3 months through integrate vertically.

Lextar noted recently LED TV market demand was superior to that of LED lighting, but Lextar thought the lighting segment would have a good development potential in the long run. It’s expected that LED TV market would reach 89 million units, which would be about 147 million T8 LED light strips or only about 1-2% of the global T8 light strip market. If the led high bay light sales will total 138 million units in 2012, which would translate to 252 million T8 LED light strips. In terms of the current global T8 light strip market of about 10 billion units, LED lighting provides lots of revenues for LED chipmakers.