Philips Lumileds spin-off-LEDinside

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2014-07-02

LED Industry More Concentrated After Top Manufacturers Merge

On June 30, 2014, Dutch lighting conglomerate Philips announced the spun-off of LED component business Lumileds and automotive lighting business into an independent company. The two businesses revenue aggregated to US $1.9 billion last year. On the same day, leading Taiwanese LED chip manufacturer Epistar acquired FOREPI through conversion of stocks.

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