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CREE 39.13+2.9%5:20 PM ESTNews

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From: Sam9/7/2016 2:42:48 PM
   of 9783
 
China to end use of incandescent bulbs
Sep 7 2016, 11:08 ET | By: Yoel Minkoff, SA News Editor

The China government will prohibit imports and sale of 15W to below 60W incandescent light bulb from October 1, 2016, leading to a complete end to use of such lighting products, DigiTimes reports.

The prohibition is expected to boost demand for LED light bulbs, sources noted. In particular, LED filament light bulbs will replace 15-30W incandescent bulbs.

Related tickers: ( CREE +2.8%), ( PHG), ( RBCN +3.3%), ( LEDS -1.4%), ( VECO+0.3%), ( AIXG +0.7%)

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