Royal Philips today announced the 500th member to its LED Luminaires and Retrofit Bulbs Licensing Program, representing an increase of 100 licensees over the past nine months and 200 licensees since May 2013. The tremendous success of the Licensing Program, which provides access to 224 inventions and 1,392 granted patents to companies that sell their own branded LED products, is reflective of the rapidly increasing share of LED based sales in the lighting market.

 Royal Philips announced the signing of its 400th licensee - Dotlux GmbH - to its LED Luminaires and Retrofit Bulbs Licensing Program, a growth of 100 licensees since May last year. Philips is committed to fostering LED industry growth and creating a level playing field by giving companies access to its wide portfolio of patented LED system technologies and solutions. By making available more than 210 inventions (comprising over 1200 granted patents), Philips aims to open up new business opportunities and possibilities for companies globally.