21Led Balls
NYTimes article about LED lighting, it’s interesting that Philips is pretty much only betting on one horse…

The problem, though, is the price. A standard 60-watt incandescent usually costs less than $1. An equivalent compact fluorescent is about $2. But in Europe this September, Philips, the Dutch company dealing in consumer electronics, health care machines and lighting, is to introduce the Ledino, its first L.E.D. replacement for a standard incandescent. Priced at $107 a bulb, it are unlikely to have more than a few takers…

“L.E.D. performance is there, but the price is not,” said Kevin Dowling, a Philips Lighting vice president and past chairman of the Next Generation Lighting Industry Alliance, an industry group that works with the Department of Energy. “Even at $10 to $15, consumers won’t buy L.E.D. bulbs,” Mr. Dowling said.

While compact fluorescents are beginning to replace standard light bulbs in many homes, lighting executives see those as an interim technology. They say the large size of the bulbs, the inability to dim many of them, the unpleasant color of the light and the five milligrams of mercury in each bulb will limit their appeal.

Philips is working to decrease the penetration of compact fluorescent bulbs. “We are not spending one dollar on research and development for compact fluorescents,” said Kaj den Daas, chairman and chief executive of Philips Lighting. Instead, the bulk of its R.& D. budget, which is 5.2 percent of the company’s global lighting revenue, is for L.E.D. research. Philips is betting the store on the L.E.D. bulbs, which it expects to represent 20 percent of its professional lighting revenue in two years.

Pictured here, “The full spectrum of color, design and programming available for the Times Square ball. Photo: Ian Hardy”. Wow, this should be the blinkiest New Years yet!