Philips has developed an LED replacement for the common household bulb that has been submitted to the L Prize competition

Philips has developed an LED replacement for the common household bulb that has been submitted to the L Prize competitionThe US Department of Energy (DOE) has announced that the Bright Tomorrow Lighting Prize (L Prize) competition has received its first entrant, an LED-based 60 W incandescent replacement from Philips Electronics.

DOE launched the L Prize initiative to spur development of high-quality, high-efficiency LED replacements for the common light bulb.  Complete article here.

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