2014-09-26
Following the spin-off of Osram from Siemens, global lighting giant Philips recently announced it would split off its lighting business into a stand-alone company on September 23. That move follows an announcement in June that Philips would combine Lumileds, its LED components business and automotive lighting business into a separate company.
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2014-06-12
Although significant consolidation has already occurred across the LED value chain, Memoori Research remains of the opinion that further consolidation is required for the market to mature into a stable state. Achieving economies of scale, cost reductions, sustainable market share and access to innovative IP to meet rising output requirements, will all remain as drivers. This will further increase the likelihood of deal activity to 2018.
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