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S. Korean association to export LED lamps to U.S.

SEOUL, Oct. 6 (Yonhap) -- A South Korean association that speaks for local makers of lighting equipment said Sunday it plans to export US$18 million worth of light-emitting diode (LED) lamps to small hotels in the United States. The Korea LED Association said it reached a deal with the Korean American Hotel Association last week in Los Angeles to provide LED lamps to about 300 hotels that belong to the association. LED light bulbs gained popularity in recent years as they are more energy-efficient than incandescent light bulbs.

Global LED market grows 9.9 pct in 2012

SEOUL, July 19 (Yonhap) -- The global market for light-emitting diodes (LED) grew 9.9 percent last year from a year earlier, driven by a surge in demand for LED lighting, industry data showed on Friday. The global LED market reached US$13.8 billion last year, compared with $12.5 billion the previous year, according to data compiled by research firm Strategies Unlimited. The expansion in the global LED market was led by increasing demand for LED lighting. Revenues of LEDs for lighting stood at $3.75 billion last year, compared with $2 billion the previous year.

Seoul to ban production, imports of incandescent lighting from next year

SEJONG, July 16 (Yonhap) -- Thomas Edison's greatest invention, incandescent lighting, will begin to die out, at least in South Korea, following a production ban set to be implemented next year, the government said Tuesday. Starting from Jan. 1, 2014, imports of incandescent light bulbs, which have been labeled low-efficient, will also be banned permanently, according to the Ministry of Trade, Industry and Energy.

Canadians create 'most energy-efficient' bulb

A trio of Canadians claimed Wednesday to have invented the world's most energy-efficient bulb: a 12-watt LED light that shines as bright as a 100-watt incandescent one. Product developer Gimmy Chu told AFP the NanoLight design consists of a circuit board dotted with LED lights and folded into the shape of a bulb that plugs into a regular light fixture.
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