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.

According to Royal Philips Electronics, its current CEO Gerard Kleisterlee, will step down in April 2011 and will be replaced by Frans van Houten, a former Chief Executive of Philips' semiconductor business NXP, and van Houten will continue to build on the Dutch company's current strategy, seeking to benefit from an aging population, growth in emerging markets and increased awareness of energy efficiency.

Philips has come up with a new concept of the building of livable cities with green lighting solutions to enhance sustainable development of Asian economies

Philips Research has developed an AC-powered module for accelerating the move to create mainstream OLED products.   Instead of current OLEDs which require low-voltage direct current sources, the alternating current powered white-light module can be plugged directly into a wall socket.  

The leading global LED lighting company Philips plans to expand its LED product lineup in South Korea, the company begins releasing affordable LED lamps, targeting Korean households. Philips stressed that although the market for home LED lighting currently takes up 1 to 2 percent of the whole market for home lights, it is expected to expand at a rapid speed. Philips will do its best to boost the commercialization of LED lights.

Taiwan’s No.1 LED chipmaker Epistar Inc. has begun shipping its high-voltage (HV) chips to General Electric (GE), Philips, Osram and IKEA.

Royal Philips Electronics participates in the 1000-Village Solar LED program, an initiative launched by The Climate Group and the One Foundation to provide rural communities in China with energy-efficient solar-powered LED lighting.

Philips Lumileds announced the release of two new LUXEON Rebel LEDs with correlated color temperatures (CCTs) of 2700K and 3000K that expand the company’s portfolio for indoor illumination applications in hotels, shops, restaurants, and homes. The new emitters use Philips' latest thin film flip chip (TFFC) and proprietary Lumiramic phosphor technologies. At the high operating temperatures found in applications like recessed lamps, the new emitters set efficacy benchmarks.

Philips Electronics NV launches a new range of consumer lighting products in North America include LED Line. Lighting products include a fixture and are intended for other applications, such as recessed-can lighting. Many of the announcements were made earlier this month at the Lightfair International convention in Las Vegas.

Launch of innovative LED solutions to personalize homes and make cities more livable. Royal Philips Electronics (AEX: PHI, NYSE: PHG) is underlining its global leadership in lighting by substantially broadening its portfolio of LED-based lighting solutions which enhance the lives of people at home and in cities.

Royal Philips Electronics, working with contractors Castle Building Services, has installed a 100% LED office lighting solution at Randstad’s new offices in Cramlington, Northumberland.

As urban lighting becomes an increasingly essential component of town planning, and a major element of a city’s identity, Philips and LUCI (the Lighting Urban Community International association) are to invite cities all over the world to celebrate their enhancement of urban living by launching the eighth annual international city.people.light awards.

Latest recognition achieved by creating an inviting, comfortable parking experience for people

As the United Nations Climate Change Conference – COP15 – continues into its second week, Philips is to show world leaders gathering in Copenhagen just how innovation in lighting technologies can help mayors and municipal leaders significantly improve energy efficiency in their cities.

Philips LED floodlights already create extraordinary visual impact on some of the world's tallest buildings, including the CN Tower in Toronto, the Sky Tower in Auckland, and the EuroMast in Rotterdam. Today, Philips Electronics added Boston's Prudential Tower to the impressive list of landmark skyscrapers that use its LED lighting fixtures to dynamically transform their facades. Philips Invigorates Boston's Prudential Tower .

Philips Lighting in China has launched two digital campaigns using augmented reality and interactive components. Tribal DDB Shanghai is behind the campaign with two virtual platforms to let consumers experience Philips.

Philips Electronics announces that the 2009-2010 holiday season marks the company’s 10th anniversary as the official Lighting Partner to the world-famous Times Square Ball. And for the first time, Philips has converted the companion Times Square Ball Numerals (2-0-1-0) to all LED technology.

One years ago, Philips announced Light Blossom, it transforms the personality of any community from industrial to ecological, harmonizing forces of nature and working with the planet, not against it. Light Blossom collects its own energy from the sun and wind by transforming its appearance throughout the day. At night, its efficient LEDs beam light only where needed - and only when needed - through proximity sensing.

Philips Electronics Japan announced that the company will sponsor the “Stardust Illumination” lighting event, which starts Dec.1 at the Yokohama Marine Tower (Yokohama City, Kanagawa prefecture).

Philips announced that it is to enable people with little or no access to electricity to enjoy playing or watching sport long into the night with the world’s first dedicated solar-powered LED floodlighting (intense beams of light) solution.

Royal Philips Electronics announced that the Philips’ LED candle, from the Novallure series, has been recognized by the Hong Kong Designers Association with the silver HKDA Asia Design Award 09. According to Philips, advantages of the LED candle include reduced energy consumption, reduced carbon pollution, bright sparkle and similar ambient light effect at significant lower power wattage.

Philips Electronics Tuesday announced a $500,000 investment in Canlyte, for the development of Light Emitting Diode (LED) products, including the construct of a state-of-the-art Clean Room in its Montreal plant. The Canlyte division of Philips will be one of the first in Canada to use a controlled environment for the production of this new lighting technology.

Philips Color Kinetics recently announced it is now a reseller of the complete portfolio of Pharos control solutions. Ranging from scalable lighting playback controllers to audio/video controls, all that utilize simple-to-use designer authoring software, Pharos controllers extend the comprehensive portfolio of LED lighting solutions from Philips Color Kinetics.

Philips Color Kinetics announced two powerful LED floodlights specifically designed to withstand the rigors of the rental and entertainment environments. ColorReach TR Powercore and iW Reach TR Powercore are the road-ready versions of ColorReach Powercore, the flagship high-performance floodlight from Philips Color Kinetics. These rental-friendly floodlights generate enough light output to replace multiple flood and wash fixtures for large-scale and long-throw applications.

Participants and showcased products at this fair are more than last year. The global LED leading makers aimed not only at lighting components but also aggressively tapping into lamp assembly products. They outperformed from 2nd-tier brands by products with higher price along with creative design and high quality.

Philips’ has supplied Yorkshire based GHD, the market leading manufacturer of styling irons, with an LED lighting solution for their recently opened prestigious offices in the centre of Leeds.