Bill Watkins, Bridgelux's Chief Executive Officer, announced that, "We're seeing significant increases in adoption and demand for led high bay light in many sectors and regions. In fact, we've experienced a 300% unit volume growth in LED array sales in the past year alone, dramatically increasing our market share while also delivering well over 100M high power LED chips to enable new and innovative product designs."
"Going forward, Bridgelux is extremely well positioned to meet rising demand: we're well funded, have some of the industry's most innovative technologies and product designs, and have established strong strategic partnerships."
Maryrose Sylvester, who was appointed GE’s head of the lighting unit in March, said in an interview, that “People are starting to talk about LEDs for general lighting for indoors. By 2020, about 70 to 80 percent of the general lighting market is going to be enabled by LEDs.”
Sylvester pointed out that GE’s lighting unit has doubled its research and development spending on LED technology over the past five years to seize this opportunity. But he didn’t disclose a specific figure.
"Going forward, Bridgelux is extremely well positioned to meet rising demand: we're well funded, have some of the industry's most innovative technologies and product designs, and have established strong strategic partnerships."
Maryrose Sylvester, who was appointed GE’s head of the lighting unit in March, said in an interview, that “People are starting to talk about LEDs for general lighting for indoors. By 2020, about 70 to 80 percent of the general lighting market is going to be enabled by LEDs.”
Sylvester pointed out that GE’s lighting unit has doubled its research and development spending on LED technology over the past five years to seize this opportunity. But he didn’t disclose a specific figure.
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