Philips Lumileds is announced to make a LED lighting industry breakthrough on “Freedom From Binning”, which will relieve luminaire manufacturers’ and lighting designers’ concerns over white light consistency and uniformity and will simplify the design process for LED solutions. With Philips Lumileds “ Freedom From Binning” vision, white LUXEON emitters will be uniform and consistent that there will be no color bin selections. Buyers of the new LEDs, initially released at CCTs of 2700K and 3000K with others to follow, w...

Philips records healthy increase in green product sales in 2010 Royal Philips Electronics (NYSE: PHG, AEX: PHI) today announced that it will allocate EUR 2 billion for investments in Green Innovation by 2015 to accelerate sustainable business across the company’s three sectors. In 2010, Philips’ cumulative investments in Green Innovation amounted to EUR 1 billion, surpassing its Green Innovation investment target two years ahead of schedule. As a result of the company’s continued commitment to sustainable innovation, 38% of total 2010 sale...

Consumers get proven technology that will save energy and money with commercially available Philips AmbientLED 12.5 watt   The world’s first LED replacement for a 60-watt incandescent bulb is now also the first to earn ENERGY STAR qualification.  Philips Lighting announced today that the Philips AmbientLED 12.5 watt (also sold professionally under the Philips EnduraLED brand) has met or exceeded the light quality and energy efficiency requirements for a 60-watt LED equivalent set forth by ENERGY STAR, proving that it is a high...

Currently, Philips has announced it will seek for acquisitions in the Asia-Pacific region as a part of the company's strategic to keep up with its growth momentum for its lighting business. According to Philips Lighting Asia Regional Director Nigel D' Acre, the adoption rate of LEDs in the emerging markets, especially in Asia, was even faster. As a result, they felt that they need to catch up and be prepared with the growth through partnerships, future acquisitions, through close relationships and other infrastructure projects. In D' Acre‘s opinio...

It’s reported that Philips Ledalite has developed a new product Jump™ - a high performance direct luminaire with LEDs or fluorescent light sources. Philips Ledalite's unique LEDLOGIQ™ design approach features MesoOptics® holographic nanotechnology, which makes spaces more visually comfortable by optimally blending light and color, controlling high angle glare and creating a precise batwing distribution, while concealing the light source. It also integrates Philips Ledalite daylight harvesting sensors and Airwave wireless, battery-free, s...

It’s reported that Philips Lighting has brightened the Cebu Capitol building with LED bulbs. According to Provincial Engineer Eulogio Pelayre, launched last month, the lighted Capitol building will be maintained by the company free of charge. The LED bulbs allow the Capitol to save 70 percent in power bills. No maintenance or replacement of bulbs is needed for the next 15 years at least.

Royal Philips Electronics (AEX: PHI, NYSE: PHG) announced today that it has acquired Optimum Lighting LLC, a privately owned company specializing in customized energy-efficient lighting solutions for the office, industry and retail segments. This acquisition complements Philips’ customer-centric innovation capabilities and strengthens its global leadership position in professional lighting solutions.

In 2010-2011, Royal Philips Electronics (NYSE: PHG, AEX: PHI)  enters a new decade of energy efficiency, celebrating its 11th anniversary as the official Lighting Partner to the world-famous Times Square Ball, a beacon of LED innovation.

Philips Lumileds has played an all-white interactive LED light show with 1,208 custom LED fixtures containing 6,040 high-power LUXEON Rebel LEDs on the curvy sunroof of the Bridge of Peace in Tbisli, Georgia in the former Soviet Union.

Reportedly, India tourism department will light up the Panaji church and the picturesque Penha de França church at Britona with Phillips Lighting’s LED lighting as a pilot project from December 23 to January 2.

It’s reported that the numerals which are comprised of LED bulbs in the giant "2011" sign will be lit up on New Year's Eve arrives in Times Square.

As the first power LED manufacturer in mass production on 150 mm wafers , Philips Lumileds is manufacturing millions of GaN based LEDs weekly on the larger substrates. According to Matthijs Glastra, Executive Vice President of Worldwide Operations for Philips Lumileds, “The addition of 150 mm manufacturing capacity to our existing capability leverages our epitaxy and wafer fabrication technology excellence and gives Lumileds the capacity to produce billions of LUXEON LEDs annually.”

America Macy's stores intends to replace over 117,000 43-watt halogen-based bulbs used for accent lighting in 86 department stores with 17-watt custom-designed Philips EnduraLED PAR38 SP15 lamps, which makes it the first department store to use LEDs on a wide scale.

With the strong demand, Royal Philips Electronics expected LED lighting revenues to reach 15% of its total lighting revenues for 2010 and over 20% in 4Q10. And in 2015, the company aimed to reach 50% of its total lighting revenues.

Philips has released the Cinema 21:9, Full HD 3D LED Pro TV with Ambilight in India. The TV features the Perfect Pixel HD engine and LED Pro, which is designed to go with the 21:9 movie format, 2,560 x 1,080 resolution, 400Hz & Perfect Natural Motion for ultra-smooth Full HD movies & Philips Net TV with Wi-Fi that allows users to wirelessly enjoy the online world.  

According to a recent statement from Philips’ subsidiary Assembleon, Philips has agree to sell 80 percent of Assembleon to independent private equity firm H2 Equity Partners.

Philips cooperates with the Rijkswaterstaat (RWS - the Dutch highway authority), contractors Gebroeders Van der Lee and consultants Spectrum, has installed LED lighting along a 7km-length of the A44, one of the busy highways of Amsterdam. The installation will be officially operated in February.

Philips Lumileds 's three design, development and manufacturing sites, including San Jose, Singapore and Penang have been recertified for ISO9001:2008 (General Quality System Standard) and TS16949:2009, (Automotive Quality System Standard) with zero non-conformities, following a comprehensive audit by TUV NORD.

Reportedly, Dongguan Kingsun Optoelectronics Co. Ltd recently completed the retrofit of high-pressure sodium lamps and light fixtures with 98W LUXEON LED based luminaires from Philips Lumileds on Dongjiang Main Road in Dongguan City, China.

As the 16th Asian Games is hosting in Guangzhou, the world’s highest stand-alone TV tower, the Canton Tower becomes an important focal point. Philips was contracted with the Guangzhou city government to provide the lighting for the 600 meter-high tower - known locally as ‘the Slender Waist’ TV tower.

Recently, Lighting manufacturer Philips and LED lamp maker Lemnis Lighting signed a license agreement. On the basis of the agreement, Lemnis would join Philips licensing program for LED-based luminaries and retrofit bulbs. And Philips would obtain access to the LED-lamp architecture and control patents of Lemnis.

Philips unveiled the new dimmable 12 watt Master LEDbulb, which is considered the industry's first LED replacement for the common 60 watt incandescent light bulb used in New Zealand .  

Philips has launched its 42-inch Econova LED TV, which has acquired the European Green EV 2010-2011 Award given by the European Imaging & Sound Association. The new TV features 40W of power consumption in eco-mode and offers some other eco-friendly credentials such as a solar-powered remote control, e-manual and the use of recycled aluminum panel.

According to Gibler, the CEO of Lighting Science Group Corp. at an interview in Bloomberg headquarters in New York, the company has attracted potential buyers seeking to make use of increasing sales in energy-efficient lighting.

Philips Electronics India Ltd has released new range of LED consumer bulbs, a 5W retrofit bulb along with the 2W candle and 7WSpotlight bulbs for various lighting applications inside homes for the Indian market. According to the company, the new range of bulbs are not only upto 80% energy efficient compared to traditional  incandescent bulbs but also are capable of producing better quality and more versatile lighting and has life of about 15 years.

Philips has launched 15 models of LEDs, 8 models of LCDs and 5 models of ultra slim TVs, which it said would redefine the premium television market in India. The price range of the LED TVs starts from Rs.26,500, while that of LCD TVs from Rs.16,499. The price range for ultra slim TVs starts from Rs.5,290. According to the company, it also will launch its flat panel TV range under the flagship model Cinema 21:9 TV, world's first cinema proportion 3D LED pro TV with ambilight. 

Home Depot schedules to sell a Philips LED bulb which now called the 12-watt EnduraLED, to replace the common 60-watt incandescent.   According to representatives from Philips and Home Depot , the bulb will be available by the beginning of December and will cost between $40 and $50.  

Philips has released the LED TV Econova with a diagonal 42-inch (42PFL6805), reaching a record low - 40 watts in eco-mode. It uses the latest version of LED lighting that reduces energy consumption by 60%. 

Royal Philips Electronics announced a new light bulb that produces equal light as a 60-watt incandescent with the same energy use as a compact fluorescent but with a much longer life and mercury-free at the Lightfair International tradeshow in Las Vegas.

Philips has updated its medium term financial targets over the 2011-2015 period .It aims at an EBITA of between 10-13% of sales as well as an average sales grow of at least at 2% higher than global GDP in 2011-2015.