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Still it does not use as much electricity as the previous generation of light bulbs and she won’t be replacing them often. So from a perspective of the industry
by Temporary_31337 2y ago
Still it does not use as much electricity as the previous generation of light bulbs and she won’t be replacing them often. So from a perspective of the industry it’s not so good. The tech is better but there’s less sales / margins/ profits altogether.
- aurareturn 2y agoIs this true? What were the revenues of lighting companies before compared to now? Do we count TV screen makers because they’re LEDs as well? I just watched Veritasium’s video on how LEDs were indented and the companies making LEDs saw exponential increase in revenue. https://youtu.be/AF8d72mA41M https://youtu.be/AF8d72mA41M Basic Google search tells me the lighting industry has experienced high growth due to the invention of LED lighting.