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I know someone who retired from working in the LED industry in Taiwan. She said the manufacturers were never going to make enough money from lights which last f
by kinghtown 5y ago
I know someone who retired from working in the LED industry in Taiwan. She said the manufacturers were never going to make enough money from lights which last for ten or twenty years. They are 100% degrading the product so that they need to be replaced much more often. They are all colluding on this. You basically can’t buy the true LED light bulb. It’s a shame.
- teddyh 5y agoIt’s the Phoebus cartel all over again. https://en.wikipedia.org/wiki/Phoebus_cartel https://en.wikipedia.org/wiki/Phoebus_cartel
- des1nderlase 5y agoWe have this, another example is Luxotica (https://youtu.be/yvTWjWVY9Vo https://youtu.be/yvTWjWVY9Vo). I'm wondering if someone keeps track of all industries that need to be disrupted.
- redis_mlc 5y agoI read an interview with the Luxottica founder - he's an absolute bastard, and proud of it, like a Bond villain. We'll have to wait until he dies to break that monopoly up. When you visit an eyeglass store in the US, it's likely all Luxottica frames, especially the chains they own: https://www.luxottica.com/en/retail-brands https://www.luxottica.com/en/retail-brands