2013-08-21

GE Expects to Improve LED Lighting Sales by 60% in Asia Next Year

It is reported that General Electric intends to nearly double its LED lighting business in Asia next year from last year, accelerating the trend towards light-emitting diodes as the new primary lighting source. "This year we'll improve LED sales in Asia by 26%. For me, this is still much too slow. Next year, we aim to increase it by 60%," Henry Eng, president and chief executive of GE Light Asia, expressed on August 20 in an interview. LED is set to "revolutionize" the lighting industry worldwide. From accounting for just 18% of the US...
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