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Lumileds and Automotive
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GE’s Metamorphizing Century Old Lighting Business
Oct 14, 2015When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
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Go Scale Capital Acquisition of Philips Lumileds Might Solve China LED Patent Controversy
Mar 31, 2015Over the past year, the LED industry had pondered about the company that would eventually take over Philips lighting component (Philips Lumileds) and automotive business. Previous market rumors pointing towards CVC and KKR consortium as ...
Tags: Philips, LED Patent Issues, Lights
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Major Company Restructure Market Trends Will Continue Throughout The Year
Dec 24, 2014In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain ...
Tags: LED component, LED light
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Philips Intensifying Their Focus on LED and Relevant Market
Jul 21, 2014Philips' has announced its LED-based sales grew 43 per cent during Q2. This area now represents 36 percent of total lighting sales, compared to 25 per cent in Q2 2013. The Q2 report also shows lighting comparable sales increased 1 per ...
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Philips Has Announced That Lighting Sales for Q1 2014 Were 'flat'
Apr 24, 2014Philips has announced that lighting sales for Q1 2014 were 'flat' when compared with the same period in in 2013. The strongest performing division were Lumileds and Automotive which achieved double-digit growth but Light Sources & ...
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Philips Has Reported First-Quarter 2014 Sales of EUR5 Billion
Apr 23, 2014Philips has reported first-quarter 2014 sales of EUR5 billion (US$6.9 billion) and operational results of EUR368 million. In terms of lighting, Philips LED-based sales grew 37% to represent 33% of total lighting sales while healthcare ...
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Philips Says LEDs Accounting for 34 Per Cent of Overall Lighting Sales
Feb 7, 2014Philips’ lighting division achieved total sales of €8,442 million in 2013, with LEDs accounting for 34 per cent of overall lighting sales in the final quarter. Releasing its Q4 results, the Dutch manufacturing giant revealed ...
Tags: Philips, LED, Lighting division, Lumileds and Automotive
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LED-Based Sales at Philips Were up 33 Per Cent in The Latest Quarter
Oct 28, 2013LED-based sales at Philips were up 33 per cent in the latest quarter and now represent 30 per cent of total lighting sales according to the latest figures from the company. Overall lighting sales increased by 3 per cent, mostly due to ...
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LED-Based Sales at Philips Were up 33 Per Cent in The Latest Quarter
Oct 24, 2013LED-based sales at Philips were up 33 per cent in the latest quarter and now represent 30 per cent of total lighting sales according to the latest figures from the company. Overall lighting sales increased by 3 per cent, mostly due to ...
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Philips Reports Third-Quarter Comparable Sales Growth of 5% to Eur 6.1 Billion
Dec 14, 2012Philips 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
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In The Last Quarter, LED-Based Sales at Philips Were 24% of Total Lighting Sales
Oct 24, 2012In 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
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Philips Reports Third-Quarter 2012 Comparable Sales Growth of 5%
Oct 23, 2012Philips 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