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GE to Phase Out Compact Fluorescent Bulbs in 2016 in LED Shift

relates to GE to Phase Out Compact Fluorescent Bulbs in 2016 in LED Shift
Photographer: Daniel Acker/Bloomberg

General Electric Co. will stop producing compact fluorescent lights this year as the company founded by Thomas Edison shifts focus to more advanced bulbs.

Light-emitting diodes, or LEDs, are growing in popularity as their prices decline, enticing consumers away from compact fluorescents, the company said in a statement Monday. The less-efficient CFLs accounted for 15 percent of light bulb sales in the U.S. last year, about half of what they did in their heyday, GE said.