As previously communicated, Philips continues to simultaneously prepare for an initial public offering (IPO) or a private sale of Philips Lighting. With equity markets’ sentiment improving compared to the first couple of months of the year, an IPO increasingly appears a more likely outcome, subject to further market developments and other relevant circumstances.

Many products being showcased at LED Expo Thailand 2016 that took place from April 19-22, 2016 in Bangkok attracted more attention than others. Filament LED bulb is one of the most popular items, though it has only been introduced to the market a few years ago. Be it Taiwanese manufacturers, Chinese luminaire makers, Thai manufacturers and foreign companies   such as Philips, the launch of filament LEDs washed over Thailand’s lighting market. Aside from local labels that had entered the well-known local channel, HomePro, buyers are mainly distributors, contractors and tenders.

LED Expo Thailand 2016 that took place from April 19-22, 2016 at IMPACT Exhibition and Convention Center in Bangkok, Thailand is the largest LED exhibition held in southeast Asian district. Compared to Singapore’s economic role as a hub, the Thailand-based LED exhibition emphasizes more on creating business opportunities for local manufacturers and international ones. Buyers are mainly local Thai manufacturers, foreign investors that focus on southeast Asian market as well as district distributors. Quite a few buyers are based in Vietnam and Singapore. Vietnam, at the same time, is also one of Taiwanese manufacturers’ targeting markets.

The rapid growth of Southeast Asia market has always been attractive to investors while local exhibitions create collaboration and partnership opportunities for foreign manufacturers taping into the market. This year, Energy efficient technologies were added to the LED Expo Thailand 2016 that took place from April 19-22, 2016 at IMPACT Exhibition and Convention Center in Bangkok, Thailand, including solar power, energy efficient products. Meanwhile, LED and lighting related exhibitions found exhibitors from southeast Asia, including Japan, Korea, China and Taiwan.

Organizers of LED Expo Thailand have announced the VIP Hosted Buyer Programme . This unique service at the exhibition has become an effective business opportunity for the industry. This year, the VIP buyer programme is enabling leading suppliers and potential customers from across the globe to facilitate business matching at the show.

EGAT continues to move forward in its campaign to promote energy saving through a new initiative in which the public is asked to bring in their old bulbs or tubes and have them exchanged for one of the new EGAT label 5 watt LED bulbs. EGAT will give away a total of 2,000 bulbs, one per household, with a total value of 230,000 baht at LED Expo & Thailand Energy Saving Week 2016, which will be held on 19-22 April 2016 at Hall 4-8, IMPACT Exhibition & Convention Center, Bangkok, Thailand.

Each succeeding edition of LED Expo Thailand has opened new possibilities for LED-related professionals to expand their businesses into ASEAN’s potentially-viable LED markets. The 4th edition to be held in April 2016 will include more value-added events to promote business within the worldwide LED industry.

ASEAN’s largest international exhibition on LED Lighting Products & Technology LED Expo Thailand is one of the leading LED lighting events in Southeast Asia and ASEAN’s largest international exhibition on LED lighting products & technology. It is dedicated to the science, technology and application of LEDs and solid-state lighting. It aims to accelerate the growth of the LED lighting markets in the Southeast Asian region by providing a dynamic hub for LED/lighting companies to congregate, promote, discuss, transact, partner and gain insights on neighboring LED markets at a niche level. LED Expo Thailand is an important initiative towards energy conservation and a green environment by host organization- Electricity Generating Authority of Thailand (EGAT) and the show organizers- IMPACT Exhibition Management Co., Ltd. and MEX Exhibitions Pvt. Ltd. LED Summit- International conference on LED lighting product & technology, SSL Forum and Modern Lamp Design Contest are other important events held concurrent to the show. Acting as a prelude to the show every year, a series of roadshows is held all over Southeast Asia in an attempt to engage regional LED lighting sectors and promote energy efficiency & investment opportunities in those respective countries.