I have shares in Avatar, (AVR).
Avatar has a subsidiary, Lednium, which has developed new high brightness light emitting diode technology. Four international patents have been taken out over the first version of the product it is now manufacturing in Malaysia.
Avatar understands that the product is the most powerful single souce array of LEDs in the world. What is unique about the array is that it is three dimensional.
In 2002 the US research organization, Sandia, put out a paper suggesting that there may well be a tenfold increase in the efficiency of LEDs by 2020. It seems that in part this improvement will involve nanotechnology.
The Chinese government has committed large amount to the new technology because of the huge potential energy savings.
It seems Avatar has patents over technology which will draw upon the work of many private and government research organization around the world working towards these improvements in efficiency of LEDs.
Last year Avatar, (Lednium), received a national award for its R & D.
Are there some electronic engineers etc out there who can throw more light or doubt upon this development?