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the amount of electricity used for US lighting by one fourth by 2030

Over the course of the program, the Manufacturing Research and Development area has been funded with $28.2 million in federal funding,led linear high bay light and leveraged $36.8 million in funding from the private sector.

The DOE expects solid-state lighting to reduce the amount of electricity used for US lighting by one fourth by 2030. This would save $15 billion and be the greenhouse gas emissions reduction equivalent of 21 million cars.

Lextar, the LED subsidiary of AU Optronics Corporation (AUO), plans to launch its IPO with a stock price of NT$ 17 on September 29th. The considerable growths in both lighting product business and penetration rate contribute to Lextar’s revenue outperformance in 2H11 compared to 1H11.

Lextar is a LED manufacturer that vertically integrates upstream chips and packages and downstream light sources and light products. The company’s business in the panel sector accounts for 70% of its total led high bay light revenue. Lextar’s parent company AUO is its biggest account, taking up 70% of its shipment.

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