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Phillips - LED lighting sales increase 120%

posted Apr 10, 2012, 4:38 PM by ema-1 ema-1
"Kiwis have embraced light emitting diode (LED) lighting with Philips Lighting reporting a 120% increase in sales of LED products in 2011 over 2010. Strong growth is expected to continue this year as more people make the switch to LED from compact fluorescent (CFL) or traditional incandescent lighting.

"The positive response to LED lighting in New Zealand is consistent with international trends. Philips Lighting expects at least 50% of global lighting to be LEDs by as early as 2015, and 75% by the end of this decade," says Dave Procter, Marketing Manager Philips Lighting"

Full story: http://www.voxy.co.nz/business/nzers-embrace-led-lighting/5/120180
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