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LED bulbs: competitive sector
These 60W, dimmable, soft-white LED bulbs from Cree are now sold by US retailer home Depot for less than $8 each, indicating the competitive nature of the LED bulb market. A clear-out of older inventory in the latest quarter by Cree, intended to help it usher in a new range of products based on the latest LED chips, hit the company's profit margins. Photo: Cree.
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