“This isn’t just a milestone for the company but for the entire industry,” said Michael Holt, CEO. “When we started, the idea that Lumileds could change the nature of lighting with power LEDs was greeted by many industry insiders with skepticism. Today, they and others have followed us as competitors into an industry that is driving energy efficient lighting applications and new ways of lighting the places where we live, work, and play.”
From the start, Lumileds was clear that its mission was to enable a new world of light through the application of power LEDs. Prior to Lumileds invention of the power LED—a light emitting diode designed to operate at a current of 350 milliamps or higher—LEDs typically produced only a lumen or two. Today, LUXEON power LEDs can generate hundreds and are being used to light everything from LED light bulbs to streetlights to car headlamps and LCD displays.
