Obama Support LED Lighting

Mr.Chuck Swoboda, Cree CEO, was invited to meet with Obama to discuss advantage of led lighting. The President said,"my job--and our job as a government--is to do whatever we can to unleash the great generative powers of the American economy by encouraging their efforts. When you hear the innovation that's taking place--everything from led lighting that can save a huge amount on energy costs to new concrete materials--that gets you excited about the future."

With Obama's support and the current momentum surrouding clean energy efficiency, there are unprecedented opportunities for led lighting companies. 22pct of U.S. electricity is used for lighting, the widespread development of led lighting can reduce this by more than 60pct.