Verbatim LED light bulbs can replace conventional illumination, and feature dimmable, low-power consumption LED lighting. They have an operating life of approximately 10 years at 10 hours per day, with only around 20% of the power consumption of conventional lighting. They are both economically and environmentally superior to other lighting technologies and widespread adoption in residential and commercial applications is expected. Currently, five industry standard lights (two types of incandescent light bulbs and three types of spot lamps) are being sold, and two more products will be introduced later this year. These products use materials independently developed by Mitsubishi Chemical Corporation and are manufactured by a third party.
The seven products currently introduced all have a Color Rendering Index (CRI) of 80 or greater and are based on blue chip LED technology. The second generation of LED products is expected to utilize violet chip technology (VxRGB) to achieve a higher CRI, producing a light spectrum very close to that of natural light.