Haitz's Law states that every decade, the price of LEDs have fallen by 10x while the performance (measured in flux per unit) has increased by 20x, for a given wavelength (color) of light. It is considered the LED counterpart to Moore's Law, which states that the number of transistors in a given integrated circuit doubles every 18 to 24 months. Moore's law describes an important trend in the History of computer hardware.
Haitz's Law is named after Dr. Roland Haitz, a now-retired scientist at Agilent Technologies. Agilent Technologies ( or Agilent, is a measurement and instrument company headquartered in Santa Clara, California.
Nature Photonics. Haitz's law. Jan. 2007. DOI: [1]. Date of Access: 4 Feb. 2008.
Roland Haitz, Fred Kish, Jeff Tsao, Jeff Nelson. The Case for a National Research Program on Semiconductor Lighting. Page 5. Date of Access: 4 Feb. 2008.