Wu confirmed that his company is vying for orders from GE, Philips and other
globally known brands for the time being, and aims to take advantage of this
possible chance to explore overseas markets. In the short term, both contract
manufacturing and branding will be the company’s core business.In this business
tie-up, Epistar severs as an upstream supplier of epitaxial wafers and LED chips
for Nan Ya Photonics engaged in manufacturing of LED bulbs, with Nan Ya Plastics
being a sales arm.Lighting is a huge consumer of electricity and LED lights
consume a fraction compared to traditional incandescent lights or even
fluorescent lights, which are themselves capable of up to 75% savings in power
over incandescent. Lighting accounts for led high bay light of global electricity
consumption, so changes that slash the energy consumption of the sector could
have a significant impact on electricity demand.
One factor holding back earlier adoption has been price. As production
capacity rapidly rises and the rare earth metals yttrium, europium and terbium
have fallen in price, the cost of manufacture has come down, speeding
uptake.Rare Earth Phosphor-based LEDs have an expected life of 50,000 hours and
some are sold with five-year warranties, but so far the capital cost has
inhibited uptake as quickly as the industry hoped. But overcapacity is forcing
manufacturers to drop prices and raw materials, in the form of rare earth
elements, have dropped to a third of where they were a year ago.The unique
combination of rare earths and semiconductor technology is also opening up the
possibility for lighting, at least LED lighting, to mimic sunlight and colored
tones rather than the harsher tones of conventional bulbs, which in turn opens
up possibilities for lighting to be so much more than just a utility
service.
Lighting manufacturers may be going through a competitive period of
re-adjustment, but REE demand will benefit from the growth of an industry with
plenty of potential.The evaluation criteria established by Minnesota Power
requires DLC Certification, as well as many other rigorous requirements. ALT's
IP68 certification along with superior power supply design and thermal
management has raised the bar in the LED Street Lighting Market and has been
recognized by Minnesota Power.Design Lights Consortium (DLC)-an organization
funded by, and associated with, the U.S. Department of Energy led flood light-focuses on
certifying only high quality and high performance LED lighting products. DLC is
used as the standard in the US for LED lighting, for both private and public
projects. The many available energy rebate programs dealing with LED lighting
products require DLC certification in order to be eligible for any incentives.
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