LED lights’ lure of lower electricity bills

The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, to introduce the technology to Cambodia. … “LED is completely different from normal lighting because it helps reduce electricity consumption.” GMG chief executive Yoo Rina predicted in a press release that LED technology would soon replace conventional lighting and the value of the global LED market would grow to    $100 billion. …

http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html