Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Light bulb moment: Low-energy LED wins Nobel prize

Published 10/07/2014, 03:07 PM
Updated 10/07/2014, 03:07 PM
© Reuters File picture of American inventor Shuji Nakamura

By Niklas Pollard and Ben Hirschler

STOCKHOLM/LONDON (Reuters) - An American and two Japanese scientists won the 2014 Nobel Prize for Physics on Tuesday for inventing a new energy-efficient and environment-friendly light source, leading to the creation of modern LED light bulbs.

Isamu Akasaki and Hiroshi Amano of Japan and Japanese-born U.S. citizen Shuji Nakamura won the prize for developing the blue light-emitting diode (LED) -- the missing piece that now allows manufacturers to produce white-light lamps.

The arrival of such lamps is changing the way homes and workplaces are lit, offering a longer-lasting and more efficient alternative to the incandescent bulbs pioneered by Joseph Swan and Thomas Edison at the end of the 19th century.

"Red and green LEDs have been around for a long time but blue was really missing. Thanks to the blue LED we now can get white light sources which have very high energy efficiency and very long lifetime," Per Delsing, a member of the Royal Swedish Academy of Sciences, told a news conference.

The award is a notable example of a practical discovery winning the prize, in contrast to last year when the physics prize went to scientists who predicted the existence of the Higgs boson particle that explains how elementary matter attained the mass to form stars and planets.

"Incandescent light bulbs lit the 20th century; the 21st century will be lit by LED lamps," the academy said in a statement awarding the 8 million Swedish crown ($1.1 million) prize.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Frances Saunders, president of Britain's Institute of Physics, said the shift offered the potential for huge energy savings.

"With 20 percent of the world's electricity used for lighting, it's been calculated that optimal use of LED lighting could reduce this to 4 percent. Akasaki, Amano and Nakamura's research has made this possible and this prize recognizes this contribution," she said.

Akasaki is at the Meijo University in Japan and Amano is professor at the Nagoya University. Nakamura is at the University of California, Santa Barbara.

Contacted by telephone in the middle of the night, Nakamura said of the award: "It's unbelievable." In a later statement, he added: "It is very satisfying to see that my dream of LED lighting has become a reality."

Nakamura invented the blue-light emitting diode while working at Nichia, an unlisted firm, but received next to nothing from the company for the work until 2004, when a Tokyo court ordered Nichia to pay him a record 20 billion yen ($185 million). The company appealed and Nakamura settled for about $8 million.

CRACKING THE PROBLEM

Colin Humphreys, an expert at the University of Cambridge who is working on next-generation LED lighting, said the ability of the three scientists to crack the problem of blue light when others had failed was a tremendous achievement.

"Their invention of efficient blue LEDs has paved the way for the development of bright, cost effective and, importantly, energy efficient white lighting," he said.

In addition to lighting buildings, LED bulbs are transforming lamps in cars and the technology is also used as a light source in smartphones and computer screens.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The LED boom is upending the traditional lighting industry and General Electric, one of the biggest players, forecasts that LEDs will account for about 70 percent of a $100 billion market by 2020, compared with 18 percent in 2012.

LED lamps last 10 times longer than fluorescent bulbs and 100 times longer than traditional incandescent tungsten filament bulbs.

The scramble to develop more advanced and affordable versions creates both opportunities and challenges for companies, helping to drive a shake-up in the industry.

Osram was listed by its former parent Siemens last year and Philips, after making light bulbs for 123 years, also now plans to split off its lighting division.

As winners of the physics award, the three new laureates join some of the biggest names in science such as Albert Einstein, Niels Bohr and the husband and wife team of Pierre and Marie Curie.

The prize is also something of a boost to Japan's scientific reputation after it was tarnished by a discredited high profile stem cell study that had seemed to offer hope for replacing damaged cells or even growing new human organs.

It came on the same day as the author of that study, Haruko Obokata, was told by Waseda University that it will strip her of her doctorate unless she corrects it within a year.

Obokata's discovery was first trumpeted as a game-changer, but questions soon arose about the research and investigations found that Obokata had plagiarized and fabricated parts of the papers.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Physics was the second of this year's crop of Nobels. The prizes were first awarded in 1901 to honor achievements in science, literature and peace in accordance with the will of dynamite inventor and business tycoon Alfred Nobel.

(Additional reporting by Johan Ahlander in Stockholm and Elaine Lies in Tokyo; Editing by Alistair Scrutton, Kate Kelland, Angus MacSwan and Hugh Lawson)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.