Philips announced Tuesday that it has sold business assets covering multimedia devices and accessories to Japanese firm Funai Electric in a cash and brand licensing deal worth $201.8 million. "Our consumer lifestyle business was margin dilutive to the group, so it was time to decide to move away from consumer electronics," said CEO Frans van Houten during the company's earnings presentation. For the past two years, Van Houten has been focusing on streamlining Philip's operations to highlight profitable divisions such as LED lighting and control syste...

At the first international sustainable energy conference hosted by the “Regions of Climate Action”(R20), Philips and R20 emphasized the benefits of rapid adoption of intelligent and energy-efficient LED lighting infrastructure for sub-national government organizations (States, Regions, Provinces, Counties and Cities). “LED technology has proven its reliability and now is the time to accelerate adoption. By using LED-based lighting, municipalities can enhance safety for citizens, reduce public energy bills and free up resources to support economic gr...

Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 •    Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., Ltd.     •    Comparable sales increased 3%; growth geographies up 10%     •    EBITA excluding restructuring and other charges increased by 50% to EUR 875 million, or 12.2% of sales; reported EBITA of EUR 50 million     •&nbs...

Philips Automotive Lighting North America is currently offering an exclusive cash back rebate offer on the purchase of Philips LED DayLight Daytime Running Lights. Customers who purchase the Philips LED DayLight 4 will get $15 while the LED DayLight 8 purchase will earn $25 after mail-in rebate. This promotion is valid at all Pep Boys stores and other automotive parts retailers.   Philips' LED DayLight 4 and LED DayLight 8 are the slimmest and most compact designs available on the market and feature high-powered Philips LUXEON LE...

Despite the lingering market pessimism which may last through 2013 and bring even greater challenges to LED lighting companies, the anticipation of a growing market share for LED lighting gives reason for optimism.   Bridgelux The market slump may continue for years and the European Union, the world's largest LED lighting market, may still be under the shadow of the debt crisis, but technology improvements are brightening the prospects of the LED lighting industry, said Brian Fiser, marketing director of the U.S.-based Bridgelux. Fiser is an optimist who s...

Philips Hue lights offer a glimpse into the future of the fully automated and centrally controlled hi-tech home. Installation is very simple, the E27 bulbs fit in most common fittings. Compared with certain other energy-saving and LED lights, the Hue bulbs are able to provide a warm glow. The Android and iOS applet you create your own profiles which can control up to 50 lights and can customise brightness and colour at a touch. It's not all sunshine however. When you use the normal wall switches in your home to turn off and on the light, they are reset each time rega...

Philips recently has unveiled plans for its first commercial OLED desk lamp.The company’s first OLED desk lamp Moorea, is an attempt to bring the technology to the desks of consumers. Moorea was designed by a young Berlin industrial designer named Daniel Lorch, who connected with Philips almost by chance. “Daniel visited one of our free OLEDs workshops, which we offer on a monthly basis for designers and architects,” Philips’s Dietmar Thomas tells Co.Design. “He came back to us with a clever design for a lamp with OLEDs. He ...

Nan Ya Photonics Inc., a joint venture by Taiwan’s Epistar and Nan Ya Plastics Corp., recently has completed its first automatic production line and targeted to scramble for orders from international brands such as GE and Philips. Nan Ya Photonics’s chairman Wilfred Wang noted at a press conference held earlier that the addition of the advanced production line will enable the company to achieve maximum monthly output of 500,000 LED bulbs for sale at home and overseas. The president B.J. Wu confirmed that his company is vying for orders from GE, P...

Philips Color Kinetics announced IntelliPower, its newest innovation for delivering high-bandwidth LED lighting control using existing electrical and physical infrastructures. IntelliPower makes it easy to deploy intelligent, digitally controllable LED lighting solutions in any situation where re-wiring is not desirable or feasible, including historic buildings, in-ground systems, bridges, and monumental exteriors. With IntelliPower, Philips Color Kinetics is building on its expertise and leadership in LED lighting to deliver the benefits of a state-of-the-art LE...

Pacific Northwest National Laboratories is in the process of developing new LED light bulbs, to change the future of electricity. As LED bulbs play a key role for electricity saving, the Department of Energy creates a competition to build a better light bulb to cut down America's electricity use. According to Jeff McCullough, a PNNL light researcher, "The L Prize competition is intended to move the market to challenge manufacturers to develop the better light bulb. In order to do that we have to do some specialized testing and make sure this technolog...

Philips has launched its next-generation A-19 bulb with a new design. Compared with the old yellow EnduraLED or the fluorescent L-Prize bulb, the 60-watt replacement has a white appearance and uses 11 watts while putting out 830 lumens.  It will be available in both Soft White or Daylight color temperatures when released. The bulb, which was designed to exceed Energy Star specifications, is being released in select New York locations of Home Depot this month.  It will also be available at HomeDepot.com with a roll-out expected in the beginning of 2013....

New Offering from Philips Lumileds delivers performance & precise beam control for directional & efficacy driven applications Building on the market-leading innovations of hot testing and Freedom from Binning™, Philips Lumileds introduces LUXEON® T, the next generation illumination-grade LED tested and specified at 85°C to ensure in-application performance with tight color control, to within 3-Step MacAdams (SDCM). Optimized for efficacy and supported by the industry-leading forward voltage of 2.7V and the lowest thermal resistance of 3 ...

Philips has brighten the monumental facade and inner courtyard of Sofitel Legend The Grand Amsterdam with new, custom-designed LED lighting. Following the switch-over to Philips LED lighting for the indoor lighting inside the luxury hotel a number of years ago, the exterior of The Grand is now also being illuminated by LED lighting. The purpose of lighting the inner courtyard is to highlight the aesthetic features of this impressive building. The LED lightline starts with a number of ground spots immediately below the hotel's monumental entrance gate, bringi...

Taking advantage of AirFlux Technology, the Philips A-19 LED bulb gets a new aesthetic look and enhanced performance Using just 11 watts of power while putting out over 830 lumens, the latest generation of Philips’ 60 watt A-19 LED bulb uses 10 percent less energy than its 12.5 watt predecessor, while increasing brightness by nearly 5 percent. The new lamp has an innovative new design that takes advantage of Philips AirFlux technology, a new airflow cooling system that eliminates the traditional distracting heat sink fins needed for thermal management of LED bu...

The world-famous Empire State Building (ESB), has cooperated with Clear Channel Media and Entertainment and 14 time Grammy® Award winner, Alicia Keys to give a gift to New York City and the world by revealing ESB’s new, one-of-a-kind LED tower lights with a first-ever light show on the Landmark,which marks the official unveiling of a groundbreaking new LED lighting system, developed by Philips Color Kinetics (PCK).   Alicia Keys helped kick off the light show by flipping the switch live in Clear Channel New York City studios with E...

According to Philips Electronics India, the Indian LED lighting market is expected to touch $478 million by 2015 from the current $101 million in 2011." Speaking to reporters here showcasing Light Next − an interactive lighting experience centre, Nirupam Sahay, president at Philips Lighting said, the growth drivers from the segment are the decline in LED prices, investment by government in energy efficient lighting systems and the quick return on investment (ROI). According to him, Philips is uniquely positioned in the LED lighting segment across th...

According to the latest price survey from LEDinside, a research division of TrendForce, global retail prices for new LED bulbs are continuing to exhibit small fluctuations throughout October. For the 40W equivalent LED bulbs, average prices climbed by 2.3% and arrived at $19.2 USD. With regards to the 60W equivalent LED bulbs--of which there comparatively more varieties within the US-- ASP dropped to $32 USD, a 1.6% decrease. Making a strong impression within the Asian markets at the moment is Philip's affordably priced, 600 lumens 9W LED bulb. In 2013, it is predicted that the company will begin releasing more affordable LED products as a means to increase business momentum within the LED industry.

Royal Philips Electronics and the KNVB has announced a three year partnership, which will be built around the creation of 90 so called solar 'light centers' across the African & South American continents. Light centers are areas of approx 1000m2, or the size of a small soccer pitch, which are lit using a new generation of solar powered LED lighting. The idea is to create areas of light for rural communities which live without electricity thus effectively 'extending the day' and creating numerous opportunities for social, sporting and economic activiti...

Osram Sylvania is shipping the first batches of its Ultra LED bulb at the price of $50 to some Lowe’s stores. The bulb uses 20 watts of electricity, and it’s slightly larger than a regular 100-watt bulb, so it may not fit in all fixtures. It has 25,000 hours of use, or more than 20 times the lifespan of a standard, incandescent bulb. Its competitor Philips also plans to start selling its own, slightly brighter 100-watt-equivalent LED bulb at Home Depot’s website starting in a few weeks for about $55. Startup Switch Lighting Bulb Co., with its unus...

Philips chief executive officer, Frans van Houten, said the company was keen to expand its lighting and healthcare businesses in Malaysia and provide the best of its knowledge and capability to collaborate with the government and private institutions. Van Houten said this to reporters after the opening of Philips Lumileds' second high power LED production facility at Bayan Lepas, by Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop. He said Malaysia offered vast opportunities for expansion and the company would like to tap its intell...

Philips will deepen cuts at a lighting factory in Belgium and eliminate an additional 218 jobs in response to falling demand for conventional lamps and the rise of LED. The job cuts are on top of 136 reductions announced in June, Amsterdam-based Philips said in a statement. The site in Turnhout, Belgium, has 1,533 employees and makes high- pressure discharge lamps for sport stadiums and stores. “The need to focus on cost efficiency is becoming more and more important,” Alasdair Waugh, director at the site, said in a statement. “We expect a decrease of pr...

LEDinside has learned at the international outdoor lighting alliance (TALQ alliance) meeting that Kingsun is leading LED manufacturers to discuss to making standards on LED outdoor lighting, and schedules to complete the draft by the end of 2012. And the specific standard will come out at the beginning of 2013. At present, there is no unified standard in LED outdoor lighting all over the global market. Therefore, many companies have encountered obstacles when they promote products. To solve the problem, six streetlight leaders such as Philips, Kingsun have jointl...

•         Available at Apple stores from October 30th •         Enables you to control light wirelessly, create and personalize light with an app on your smartphone or tablet   Building on its innovation capabilities, today Philips unveils hue, the world’s smartest web-enabled LED home lighting system. Philips hue signals a new era in home lighting both in the way we think about and experience light in our homes. It allows you to create and control the light using your smartphon...

Philips introduces the Philips DimTone BR30 LED with color temperature dimming and the commercial availability of the Philips LED A21 22 watt LED, the company's 100 watt incandescent equivalent and the LED T8 with external driver, which is one of the first TLEDs to meets the DesignLight Consortium (DLC) requirements for linear replacement lamps. These latest additions to the Philips line-up replicate the light quality of the incandescent and fluorescent technologies they replace, while offering the energy-efficiency and reduced maintenance benefits of ...

Philips will debut its 100W-equivalent LED lamp, the A21 LED, in December. The A21 LED looks like the bulbs in AmbientLED/EnduraLED family but those naming conventions have been ended so the description will be the bulb’s name. The lamp consumes 22W, puts out 1780 lumens, operates at warm white (2700K), and is rated for 25,000 hours of life. It’s dimmable and has a CRI rating of 80. One important detail to know about the bulb is that it’s an “A21″, which refers to the shape and size. A standard, household bulb is an A19 w...

Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a comparable basis, now representing 36% of total revenue • Reported EBITA of EUR 450 million, or 7.3% of sales • Net income of EUR 170 million • Free cash flow of EUR 395 million   Q3 financials: Strong growth at Healthcare and growth businesses in Consumer Lifestyle. Profit margin improvements for the G...

Companies to develop solutions integrating LED lighting in office furniture Philips and Haworth announced a cooperation to create workplaces designed to enhance employees’ well-being in the office. As part of the cooperation, Philips, the global leader in lighting and Haworth, a global leader in the design and manufacture of office furniture, will create innovative lighting and furniture solutions for the European market. The companies will also focus on future-looking research into office design and lighting trends.   At the office and facility show, Orgatec 2012...

As a global leader in LED lighting, Philips has been chosen as the LED lighting supplier for the Zero Energy House[1] project.   The Zero Energy House, owned by Auckland couple Jo Woods and Shay Brazier, is being built in Point Chevalier using careful design and solar power. Zero Energy means that, over the course of a year, the house will generate as much energy as Shay and Jo will use. At times they will generate more energy than they need, and will use a grid connection to sell this surplus energy back to their electricity company.   Jo and Shay ...

Philips has launched the first-of-its-kind Lighting Experience Centre (LEC) in Singapore. Spread over 4,640 square feet, LEC demonstrates the application of light in various urban scenarios. The concept provides planners, architects and lighting designers with a unique hands-on experience that showcases how LED lighting can help rejuvenate a city environment. Philips believes that LED lighting can create the right ambiance as well as provide sustainable, energy-efficient solutions to highlight and emphasize iconic buildings, public installations, urban landscapes an...

Lately, Philips has set up its first ever lighting store Philips Light Gallery, situated in London’s Westbourne Grove, UK, to showcase the latest LED technology. Philips Light Gallery will offer a range of lighting solutions for living areas, children’s bedrooms, bathrooms and outdoor areas, with shoppers able to browse room by room. Additionally, trained staff is employed to help customers chose their lighting solutions but with a special focus on explaining the benefits of LED. Peter Maskell, Philips chairman and MD of Lighting said; "Ph...