At the current rate of technology development, it’s possible that LED replacements for 60-watt incandescent bulbs could drop below $10 by the end of this year, said Mark Swoboda, the president of LED maker Bridgelux.
Although technically feasible, that six- or eight-fold price drop is not likely to happen. Swoboda figures that price could only be reached in the case of a lighting company selling directly to a customer.
