you remember that drink, Crystal Light? well, forget about it, actually, cause it has nothing to do with this technology...
there are these things called "quantum dots" and apparently

by adding nanocrystals to a polyurethane mix and using it to coat an LED, the scientists were able to create a sort of super-LED, capable of emitting as much light as a standard 60-watt light bulb.

from Engadget