2014-12-18

Philips Lighting Leaves Behind Product Sales Model

Founded in 1891, the Dutch electronics conglomerate was once coined “the King of Home Appliances” and was once the “European giant” in the TV sector. Yet, the company’s gradual business transition has resulted in its shift towards health and lighting businesses.
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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