Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a ...
Tags: LED, Philips, Q3 financials, healthcare
Siemens AG (SIE) announced plans to eliminate an additional 4,700 jobs at its Osram lighting unit after it injected 699 million euros ($908 million) in capital at the subsidiary it is preparing to spin off next year The job cuts, ...
Tags: Siemens, cut job, light, Osram lighting, LED
Peachtree Lighting, a subsidiary of Heatron, Inc., is pleased to announce the appointment of Marc Conway as Vice President, Sales and Marketing. Marc will be responsible for managing all aspects of Peachtree Lighting's independent agency ...
Tags: LED Lighting
Philips will deepen cuts at a lighting factory in Belgium and eliminate an additional 218 jobs in response to falling demand for conventional lamps and the rise of LED. The job cuts are on top of 136 reductions announced in June, ...
Tags: LED Lighting
1. Philips Introduces LED BR30, Says 100w-Equivalent A21 to Ship Dec 1 Philips Lighting has announced a new LED BR30 that dims to a warm 2200K and an LED T8 retrofit tube with an external driver, and said that it will be first to market ...
In the last quarter, LED-based sales at Philips were 24% of total lighting sales. Also, the company has published a paper with Cisco that discusses connected public LED lighting in cities. Philips' ...
Tags: LED Light
Philips has reported third-quarter 2012 comparable sales growth of 5% to EUR6.1 billion (US$7.9 billion). According to the firm, comparable sales were up 5%, with all three sectors contributing to growth, sales in growth geographies were ...
Tags: Philips, LED lighting
Despite sluggish macro trends, Cree (NASDAQ:CREE) managed to start its fiscal 2013 on a positive note. A leading LED manufacturer, Cree posted its Q1 2013 earnings on October 16 with $316 million in revenue and a net income of $16 million. ...
Tags: LED
International LED lighting firms have been issuing orders directly to China-based firms. This may marginalize Taiwan-based LED firms. China-based peers have economies of scale and their monthly packaging capacity can reach as high as three ...
Cree Boasts Broadest Portfolio and Highest Efficiency LED-based Troffer Replacements Certified by Utility-led Organization DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces its entire family of LED-based ...
Tags: Cree, DLC, LED Lighting, LED troffer, LED-based Troffer, DesignLights
Strategies Unlimited is forecasting a flat LED lighting market for 2012 relative to 2011, with growth in retail and industrial/commercial lighting offset by contraction in retrofit lamps, as reported by VRINDA BHANDARKAR, ...
Tags: LED lighting
In response to the government's decision to postpone an increase in power prices originally scheduled for the December 10, 2012, Taiwan-based LED chip packaging company Everlight Electronics indicated that the LED lighting market in Taiwan ...
Tags: LED lighting
Philips cuts 2200 jobs 19 Sep 2012 Philips plans to lay off 2200 workers between now and 2014,but the company has not stated what effect the cuts will have on the lighting division. On September 11,Royal Philips Electronics NV ...
Celebrating its 50th anniversary this year, Stan Deutsch Associates (SDA) will be hosting the "SDA Lighting Showcase 2012," New York City's Premier Lighting Event, from October 1-3rd. SDA, a leading New York-based specification and ...
Tags: SDA, 50th anniversary, lighting
Latest Innovation Integrates Precise Optical Control, Exceptional Color Quality and Fast Payback DURHAM, NC -- Cree, Inc. (Nasdaq: CREE) introduces THE EDGE® High Output (H.O.) Area and Flood Light LED luminaires. Capable of replacing ...
Tags: lighting, car lighting, metal halide, H.O.luminaire