Would you pay $16.99 for a light bulb? What if you knew it was designed to last almost 23 years based on three hours of use a day? And had a 10-year warranty? An LED, or light-emitting diode, light bulb started selling in more than 1,000 Best Buy stores last week that's made to look like a typical incandescent light bulb. The bulb, called the Insignia LED bulb, is made with LED technology from Cree Inc., a Durham-based company.
Cree-powered LED in Best Buy stores
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