Philips plans to issue IPO for lighting division, and implement a separate spin-off strategy for Philips Lumileds (lighting component business). Osram has appointed Jes Munk Hansen as the head for U.S. Classic Lamps and Ballast System Business. Opple’s is customizing products to grab market share in India. Crompton recalls its LED dimmable GLS Opal light bulbs over shock hazards.