Mr. Wachter has also grown close with Mr. Carter, who expressed his desire to build Mr. James' portfolio internationally and find opportunities for the Miami Heat star to gain equity in companies throughout the world.
There is some waste heat caused by inefficiencies within the LED, however, the net result is a big gain in the percentage of electricity converted to visible light.
With large manufacturers like Samsung and Sony now making a play for the space (not to mention Apple and Google, which have both been trying to gain a toehold in the field), expect the war for the living room to heat up this year.