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What: Shares of Veeco Instruments
So what: Veeco makes equipment used in LED production, so ditching the ancient technology for LEDs would be a boon for its business. LED maker Cree
Now what: A handful of Chinese government agencies have laid out a road map to gradually ban imports and sales of incandescent bulbs for general lighting purposes. The ban would start in October 2012 and include lamps with wattage over 100 watts, while bulbs using 60 watts or higher would get the boot by October 2014. The goal of the initiative would be to conserve energy and reduce emissions for the world's most populous nation.
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