GE set focus to Oleds and Leds and stop working on Incandescent light bulbs
GE Consumers & Industrial and GE Global Research have suspended the development of the high-efficiency incandescent lamp (HEI) to place greater focus and investment on what we believe will be the ultimate in energy efficient lighting — light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs). Research and development of these technologies is moving at an impressive pace and will be ready for general lighting in the near future. LEDs and OLEDs used in general lighting are now poised to surpass the projected efficiency levels of HEI, along with other energy-efficient technologies like fluorescent, and have the additional benefits of long life and durability.
GE has the goal to bring out OLED light products by 2010.
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