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What: Shares of LED lighting specialist Cree
So what: Other alternative lighting experts also soared today: Veeco Instruments
Now what: In particular, these Westerners are jumping for joy because China's local LED industry is several years behind the technology curve according to industry analysts. Regular old 100-watt bulbs will be banned from sale in China less than a year from now, with steps down the power scale to outlaw 15-watt bulbs in 2016. America already has a similar plan going on, but China is simply a much larger market.
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