2018-02-21

[Financial Updates] Philips Lighting Completes Cancellation of 2.8 Million Shares

Philips Lighting announced that it has completed the cancellation of 2.8 million shares that it repurchased from Royal Philips on November 28, 2017 for an aggregate amount of EUR 90 million.
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2018-02-21

Philips Lighting and SmartCitiesWorld Report Names Singapore, London and Barcelona as Top Global Smart Cities

Philips Lighting published a new report together with SmartCitiesWorld that highlights the drivers and hurdles faced by local authorities considering implementing a smart city program. 
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2018-02-21

Philips Lighting Implements European Carbon-saving Lighting Projects through SUSI Energy Efficiency Fund

Philips Lighting has selected SUSI Partners' SUSI Energy Efficiency Fund (SEEF) as financing partner to implement Light as a Service (LaaS) projects to help European lighting customers upgrade their lighting to more energy-efficient systems and reduce carbon emissions.
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2018-02-07

Philips Lighting, Cisco Deploy Commercial Power-over-Ethernet Connected Lighting for Smart Offices

Philips Lighting have installed the first Power-over-Ethernet (PoE) connected lighting system in the Nordics, using Cisco network technology. 
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2018-02-02

Philips Lighting reports 0.5% full year comparable sales growth, 10% operational profitability and EUR 403 million free cash flow

Philips Lighting just announced the company's fourth quarter and full year results 2017. "In line with our objectives, Philips Lighting returned to comparable sales growth in 2017 driven by the growth of LED and connected lighting Systems & Services, which demonstrates the successful execution of our strategy," said CEO Eric Rondolat.
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2018-02-02

Philips Lighting CEO on US Lighting Market after the World Economic Forum 2018

Eric Rondolat, CEO of Philips Lighting, talked briefly about the lighting market in the US during an interview with CNBC.
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2018-02-01

Philips Lighting Recognized as Supplier Engagement Leader by CDP

Philips Lighting nnounced that CDP, a non-profit global environmental disclosure platform, has recognized the company as a Supplier Engagement Leader for 2018.
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2018-01-31

LEDinside: Global Industrial Lighting Market Scale Will Reach USD 5.687 Billion in 2022 

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Industrial Lighting and High / Low Bay Light Market Report, the global LED industrial lighting market increases significantly as the stability and price of LED products are approaching the traditional metal-halide lamp. Europe takes up the largest market share in 2018, followed by China and America. In view of shipments, Chinese market accounts for the greatest proportion, mainly because the products from Chinese market are in lower prices. The global industrial lighting market scale comes to USD 3.934 billion in 2018, and expected to reach USD 5.687 billion in 2022, with CAGR of 10% during 2018-2022.
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2018-01-29

Philips Lighting Supports Circadian Rhythms of Czech Employees with Human Centric Office Lighting

Philips Lighting has helped to transform the Czech Republic headquarters of energy company innogy, by installing an LED lighting system tuned to support the circadian rhythms of innogy’s office staff, including stimulating their energy levels at set times in the day. Employees enjoy a comfortable bright light, similar to natural daylight, to start their day and after lunch. This helps to stimulate energy levels, enhance workplace comfort and vision, supporting a sense of wellbeing and performance. The stimulus from the “human centric lighting” fixtures is likened to a strong cup of coffee.
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2018-01-26

Philips Lighting Introduces a New Universal LED Tube Compatible with All Driver Technologies

Philips Lighting launches the next generation LED tube tailored for office and educational environments, retail spaces and warehouses: the Philips MASTER LEDtube Universal T8. The universal LED tube brings new levels of ease and simplicity to lighting projects, addressing a growing demand from lighting professionals for LED tubes. According to recent Philips Lighting research, over half of lighting professionals are already opting to replace old fluorescent tubes with LED alternatives driven by reduced energy and maintenance costs.
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2018-01-26

Philips Lighting to Light up Four South Korean Winter Sports Stadiums

Philips Lighting announced that its Philips ArenaVision floodlighting will be installed in four South Korean stadiums to be used for ski, snowboard, hockey, skating and short track. The stadiums that will deploy the lighting are the Phoenix Snow Stadium, the Gangneung and Gwandong Hockey Centers and the Gangneung Ice Arena.
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2018-01-24

Philips Lighting Whittles Down R&D Unit

Philips Lighting announced on January 10 that it was letting go of a portion of the employees at its R&D laboratory in Eindhoven, reported DutchNews.nl.
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2018-01-22

Philips Lighting Expands Friends of Hue Program to Include Four North American Home Lighting Manufacturers

Philips Lighting is expanding its Friends of Hue program to include several leading North American LED lighting luminaire manufacturers: Access Lighting, Craftmade, ELK and ET2. The Friends of Hue partnership unites decorative lighting design with all the benefits of Philips Hue, enabling consumers to enjoy a greater choice of luminaires to enhance the look of their homes. Products by the respective partners are expected to launch in North America in Q1 and Q2 2018.
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2018-01-22

LED Filament Becomes Popular and Will Reach a Market Value of USD 1.8-2 Bil by 2020

Retro LED filament bulbs are trending from New York to London and installed at locations from retro bars, vogue restaurants, to households as intricate decorative lighting. Their appearances look similar to traditional incandescent lamps, but their light is softer. LEDfilament bulbs are not only used for decoration, but they also save energy and reduce carbon emission.
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2018-01-11

Philips Lighting and Razer Join Forces to Create a Powerful, Immersive Gaming Experience

Philips Lighting announced its first partnership for Philips Hue Entertainment with Razer, the leading lifestyle brand for gamers. To provide gamers with a new level of spatial immersion, the companies have integrated the Philips Hue Entertainment API and tools with the Razer Chroma lighting ecosystem.
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2017-12-19

Beyond Purple Haze: Light Show on Zagreb’s Hendrix Bridge Triggered by Trains

Philips Lighting has given the Hendrix bridge in Zagreb, Croatia, a unique lighting makeover, transforming the railway bridge with a spectacular LED light show that is triggered by trains passing over it. 
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2017-12-05

Philips Lighting OEM wins at Lux Awards 2017

Philips Lighting have announced one win and one highly commended at the Lux Awards 2017 for their OEM business - Philips Lighting OEM UK. The Lux Awards are a recognized annual event designed to celebrate both creativity and sustainability in lighting.
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2017-11-30

Philips Lighting Repurchases Shares from Royal Philips for an Aggregate Amount of EUR 90 Million

Philips Lighting announces that it has repurchased 2.8 million of its shares for an aggregate amount of approximately EUR 90 million.
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2017-11-29

Philips Lighting Intends to Repurchase 2.8 Million Shares from Royal Philips

Philips Lighting announces that it intends to repurchase 2.8 million of its ordinary shares from its largest shareholder Royal Philips. 
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2017-11-24

Philips Lighting to Install Its First LED Grow Light Project in New Zealand at Gourmet Mokai

Philips Lighting announced it has signed its first LED grow light project in New Zealand with Gourmet Mokai Ltd to improve the quality and cost efficiency of growing its popular Campari cocktail tomatoes.
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2017-11-22

On Course to Become a Smart City: Guadalajara Gets Smart with Its Public Lighting

Philips Lighting has installed 12,000 Philips LED connected street lights, managed by its Philips CityTouch street lighting management software, as part of a renovation of Guadalajara’s public lighting. The project was completed with energy services provider Ferrovial Services.
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2017-11-22

Philips Lighting Partners with Baidu to Bring Connected Lighting to Smart Homes in China

Philips Lighting announced that it has added Baidu to its ‘Friends of Hue’ partner program. 
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2017-11-22

Philips Lighting Delivers 1 Billion LED Lights as Part of Global Lighting Challenge

Philips Lighting has delivered one billion LED lamps and luminaires as part of its commitment to the ‘Global Lighting Challenge’, the Clean Energy Ministerial campaign to deploy ten billion high-efficiency light points to improve energy efficiency around the world.
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2017-11-09

Philips Lighting: Architectural Lighting at the SAS Experience Lounge at Oslo’s International Airport

The new lounge features architectural lighting and focus rooms equipped with Philips connected LED lighting systems that enable guests to personalize the lighting to suit their needs.
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2017-11-07

[Legal News] Philips Dismisses Lawsuit Against RAB Lighting, While Cree Settles Case with MaxBrite

Philips Lighting dismisses an infringement claim filed with the U.S. International Trade Commission against RAB Lighting. Cree and MaxBrite announced in a report filed in the U.S. District Court the settlement of the patent infringement lawsuit Cree instituted in November last year.
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2017-10-26

Philips Eyes LED Street Lighting Market in India

Philips Lighting seeks to expand its share in the construction of LED street lighting networks in India. A philips official revealed the company plans to replace over 30 million traditional street lamps with connectable LED street lights after winning a major part of government’s LED distribution scheme, covered Money Control.
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2017-10-21

Philips Lighting’s Third Quarter Results 2017

Philips Lighting on October 19 announced the company’s third quarter results 2017. “In line with our objectives, Philips Lighting returned to comparable sales growth in the quarter. For the first time in our transformation, the growth of LED and connected lighting systems & services more than offset the decline of our conventional business,” said CEO Eric Rondolat.
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2017-10-21

Philips Lighting Provides New Sparkle for Belgium’s Citadel of Namur

Philips Lighting announced the illumination of the historic Citadel of Namur in Belgium. 
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2017-10-19

Philips Lighting Casts a New Light on North and South Block of Central Secretariat in New Delhi

Philips Lighting announced the illumination of North and South Block of the Central Secretariat building in New Delhi using Philips dynamic façade lighting. These iconic buildings house the Cabinet Secretariat, which administers the Government of India and are an integral part of India’s historical and political heritage. 
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2017-10-03

Philips adds Ball Seed to North America Partner Network

Philips Lighting has signed a partnership agreement with Ball Seed, one of North America’s leading wholesale horticultural distributors.
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LEDtronics introduces its latest series of LED Machine Status Indicator & Utility Bulbs. This is a product category LEDtronics has been manufacturing for 35 years, and this newest generation is the most energy-efficient and of the highest ... READ MORE

The new Synios P2720 has the same footprint as the 850 nm version. Measuring only 2.0 mm x 2.75 mm x 0.6 mm, the IRED is therefore ideal for space-critical applications.

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