LEDS will account of 50% of lighting by 2016 and prices will drop 90% in four years.

http://www.electronicsweekly.com/Articl ... y-2015.htm

I have to say I agree with that.

I may have posted this before, but I know a guy who used to own an LED business in china. It cost them 2cents to make 100 LED's

I agree too that it could happen but I started to think.

There was a prediction that flash memory could become cheap and the reasons why it didn't happen aren't answered. I believe that because of high gas prices, companies won't lower their prices. Unless there is competition, there won't be lower prices. A lot of things are made in China. I'm not sure but would China compete with themselves?

Some very good comments!

However, harddrives these days still use the same basic principals as drives used decades ago. The price has come down a considerable amount, just check out this as