It wasn’t until 1961 when Robert Baird & Gary Pittman invented and patented an Infrared LED for Texas Instruments.This was actually an accident because the men were attempting to invent a laser diode at the time.
In 1962, Nick Holonyack invented the first visible light LED while working for General Electric Company. He used gallium-arsenide phosphide as the substrate which produced a RED light.
In 1972, George Craford developed the first Yellow colored LED for Mansanto Company and also invented a RED LED that was 10 times brighter than Holonyack’s.
It was in the later 1970’s that Fairchild Optoelectronics produced a low-cost LED device for manufacturers use (less the five cents each).
It was in 1976 that high-efficiency, high output LEDs were optimized for the use in optical fiber transmission wavelengths by Thomas Pearsall.
1994 was the year that the blue LED was invented by Shuji Nakamura, he also invented the white LED in 1995.
Since then, LED’s have gotten more efficient, much smaller-SMD size, higher output and much cheaper.
20 years ago a 10mm RED LED (5,000mcd) cost $5.85 each from Kiesub, now they are 10,000mcd and cost $.29 each, that’s a lot of light.