LED lamp prices will fall before 2015"

Company VantagePoint Capital Partners Silicon Valley investment enterprises CEO Alan Salzman (Alan Salzman) said on Thursday, due to the strong market demand for this kind of energy-saving lamp brings fierce competition situation, LED lamp prices will "collapse in the next three years". Alan Salzman in a television interview made the above forecast. He said, LED lamp prices in 2015 may fall more than 90%. He pointed out that incandescent lamps have been eliminated in Europe, the United States energy conservation policy will also prohibit the use of more than 100 watt bulbs in 2012. LED lamp manufacturers will receive a significant share of the total $40 billion lighting market. He pointed out, including general electric, PHILPS and royal electrical manufacturers are beginning to traditional lighting LED lamps; LED lamps and start-up companies have begun to develop low cost, must be from the market to a good. Alan Salzman stressed that "we are just at the beginning of the LED stage, even in commercially available products, high quality varieties or co.. "Helped electric car manufacturer Tesla Motors successfully listed VantagePoint Capital Partners has invested more than $750 million in 32 clean energy technology companies, including four LED lamp manufacturers: switch electric company (Switch Bulb Co.), Bridgelux (BridgELux Inc.), Guangjia photoelectric technology (Huga Optotech Inc. Glo group (Glo) and Sweden AB.).