2017-10-21

Philips Lighting’s Third Quarter Results 2017

Philips Lighting on October 19 announced the company’s third quarter results 2017. “In line with our objectives, Philips Lighting returned to comparable sales growth in the quarter. For the first time in our transformation, the growth of LED and connected lighting systems & services more than offset the decline of our conventional business,” said CEO Eric Rondolat.
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Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE