Optoelectronics and the Rise of Solid-State Lighting

A fascinating semiconductor factoid from EE Times:

For the first time in history, the optoelectronics market this year is projected to surpass the discrete semiconductor business and become the second largest segment in the semiconductor industry behind integrated circuits, according to IC Insights Inc.

…Strong demand for image sensors in digital cameras and cellular phones, along with new solid-state lighting applications for white light-emitting diodes (LEDs), will push optoelectronics sales to $31.8 billion in 2010, according to the market research firm.

As a related aside, some of the most interesting business plans I have seen lately have been in the solid-state lighting area. Technology is changing vertiginously quickly, and people rightly sniff a huge market opportunity.