2024-04-18

Signify puts up LED street lights in AP’s 61 tribal villages

Hyderabad: Signify, a lighting solutions company, said it has provided LED streetlights to 61 tribal and marginal villages in Parvathipuram Manyam district, Andhra Pradesh. The project was executed in partnership with a NGO, Jana Kalyana Samakhya, under its CSR initiative, Har Gaon Roshan. The company in a release said that the project has helped more than 16,500 villagers and over 3,900 households with 700 high-quality energy efficient outdoor streetlights. The illuminated streets have reduced the risk of human-wildlife conflict cases, providing more time for e...
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2024-04-15

Philips Hue expands partnership with Samsung SmartThings

Philips Hue expands partnership with Samsung SmartThings and brings updates to the Philips Hue Sync TV app   Philips Hue and Samsung SmartThings expand their collaboration to optimize the interaction between the Philips Hue Sync TV app, Samsung TVs, and the SmartThings ecosystem The Philips Hue Sync TV app will be made available as a monthly subscription plan in addition to the one-time purchase option The Philips Hue Sync TV app will be released in Brazil, Hong Kong, Poland, the Czech Republic, and Slovakia ...
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2024-04-15

Signify introduces new UltraEfficient and 3D printed innovations

Signify introduces new UltraEfficient and 3D printed innovations, supporting the transition to energy-efficient, sustainable workspaces Philips PowerBalance UltraEfficient LED luminaire enables energy savings of up to 21.7%1 compared with other prevalent LED Luminaire offerings 3D-printed Philips MyCreation luminaires offer on-demand style without compromise Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, introduces cutting-edge solutions that effectively illuminate workspaces, support productivity and acc...
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2024-02-27

Signify publishes 2023 Annual Report

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today published its 2023 Annual Report, containing the company’s financial and sustainability statements. The report is available on its website.   TrendForce 2024 Global LED Lighting Market Analysis Release Date: 01 February / 31 July 2024 Language: Traditional Chinese / English File format: PDF and EXCEL Number of pages: 100 (in each publication) If you would like to know more details , please contact: ...
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2024-02-27

Signify halves greenhouse gas emissions since 2019

Cumulative reduction of 334 million tonnes CO2e beyond the level required to meet Paris Agreement 1.5°C pathway Achieves 22% year on year reduction in 2023 Full value chain GHG emissions (including scope 3) provided with reasonable assurance by the auditor for 2023 and 2022 comparative numbers Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced it has halved its greenhouse gas (GHG) emissions since 2019, achieving a cumulative GHG emissions reduction of 334 million tonnes CO2e beyond the l...
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2024-01-26

Signify's fourth quarter and full-year results 2023

Full year 2023 [1] Signify's installed base of connected light points increased from 114 million at YE 22 to 124 million at YE 23 On track for three Brighter Lives, Better World 2025 sustainability program commitments Sales of EUR 6,704 million; nominal sales decline of -10.8% and CSG of -8.3% LED-based sales represented 85% of total sales (FY 22: 83%) Adj. EBITA margin of 10.0% (FY 22: 10.1%) Net income of EUR 215 million (FY 22: EUR 532 million incl. one-time effects of EUR 184 million) Free cash flow of EUR 58...
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2024-01-24

Philips Hue offers more flexibility to design lighting experiences

Create a sophisticated look with the Philips Hue Dymera wall light that offers individually controllable up and down light in white and color, both indoors and outdoors Bring a subtle look to any room with the Philips Hue pendant cord, made from 55% bio-circular material [1], for the popular Filament bulbs Get more flexibility to create your personal light experience with new connectors for Philips Hue Perifo track lighting Enhance your home security with the Philips Hue Secure starter kit, Philips Hue Secure floodlight camera, and additional app features ...
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2023-12-04

Signify announces new customer-centric organization and structural cost reductions

New operating model includes four verticalized businesses to enhance customer-centricity and speed of execution Structural measures to reduce non-manufacturing costs, generating expected annualized savings in excess of €200m Changes to be implemented through 2024 Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, announces it is adapting its organization to enhance customer-centricity, speed of execution and reduce its structural costs. “After the major transformation we achieved through the past decade, we a...
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2023-11-10

Philips Radii auto-linkable solar lights light up your outdoor space

Illuminate your outdoor space with new Philips auto-linkable Ultra Efficient solar lights New Philips Radii auto-linkable Ultra Efficient solar lights are automatically linked together and light up simultaneously when triggered by motion Powered by Ultra Efficient technology, the new solar lights can brighten your outdoor space for six nights before they need to be recharged by the sun Pedestal and wall lights for gardens and other outdoor spaces offer a reliable performance on sunny and cloudy days Eindhoven, the Netherlands – Signify (Euronext: LI...
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2023-11-06

Signify accelerates the transition to energy efficient lighting with new UltraEfficient lamps for roads, retail, hospitality, and more

The Philips MASTER LED SON-T UltraEfficient A-class lamps are the first A-class HID lamps at 4,000K registered in Europe [1], allowing easy replacement of conventional HID HPL/SON lamps with LEDs for road and street lighting. Signify also introduces UltraEfficient A-class GU10 LED spot and A-class dimmable LED bulb for various indoor applications, such as retail, hospitality, and residential. Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, continues to lead the transition to ener...
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2023-10-30

Signify wins Prototype Phase of U.S. Department of Energy’s prestigious L-Prize competition

L-Prize competition created to spur the development of the future of illumination in commercial buildings Innovative, modular luminaire delivers energy efficiency and light quality through flexible, circular design and sustainable materials Next-generation Interact connected lighting system provides businesses with tools to realize deeper energy savings, reduce operational expenses and enhance the occupant experience Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it is a winner of the Prototyp...
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2023-10-27

Signify reports third quarter sales of EUR 1.6 billion, operational profitability of 10.7% and a free cash flow of EUR 152 million

Third quarter 2023 [1] Signify's installed base of connected light points increased from 119 million in Q2 23 to 121 million in Q3 23 Reached the 2025 target for circular revenues in Brighter Lives, Better World 2025 sustainability program Sales of EUR 1,649 million; nominal sales decline of -13.8% and CSG of -7.8% LED-based sales represented 85% of total sales (Q3 22: 83%) Adj. EBITA margin of 10.7% (Q3 22: 10.4%) Net income of EUR 83 million (Q3 22: EUR 112 million) Free cash flow of EUR 152 million (Q3 22: EUR 135...
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2023-10-27

Philips Horticulture LED partners up with Houweling Americas

Philips Horticulture LED Solutions has signed a partnership with Houweling Americas. As a certified Philips LED horticulture partner, Houweling Americas will offer only the Philips LED lighting portfolio of greenhouse lighting solutions to Canadian growers. Houweling Americas is a division of the Houweling Group, a family-owned company based in the Netherlands and founded in 1925. With offices in Western and Central Canada and a diverse product range that includes greenhouse hygiene, water treatment, coir substrates, nutrients, and LED lighting, Houwelin...
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2023-09-01

Philips Hue Secure integrates smart lighting, sensors, and cameras

Philips Hue integrates smart lighting, sensors, and cameras to help secure your home Experience the integration of smart lighting and smart home security with new Philips Hue Secure cameras, sensors, and app features to help secure your home Monitor your home in real time and receive instant motion notifications, and use the Security Center in the Philips Hue app to trigger light and sound alarms and arm or disarm the system Rest assured that videos remain private as Philips Hue Secure cameras feature end-to-end encryption by default, even for event recognition ...
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2023-08-30

Signify’s energy-efficient LED lighting helps the Borough of Sefton on its way to net zero emissions

26,000 public lights will be upgraded across roads, streets, and residential areas for greater energy efficiency, reduced costs and maintenance, and better quality of life for residents and visitors. Upgraded lighting is expected to save 7,161,500 kWh /£1.8 million annually on energy consumption, prior to the upgrade and reduce maintenance costs by circa 45%. The lighting upgrade is a major step in the council’s goal to hit net zero by 2030. Guildford, United Kingdom – Signify (Euronext: LIGHT), the world leader in lighting, is supporting Se...
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2023-08-17

Signify opens new factory for light sources and luminaires in China, its biggest in the world

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced the opening of its biggest LED lighting manufacturing site in the world in Jiujiang, Jiangxi Province, China. The new factory of Signify's joint venture company Zhejiang Klite Lighting Holdings Co., Ltd (“Klite”) will manufacture high-quality branded LED lighting products, including for the Philips brand, for China and the global market. Fully operational by the end of this year with 192 production lines, the 200,000-square meter facili...
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2023-08-11

LED lighting supports Australia’s net-zero ambitions

Connected LEDs can offer significant energy-efficiency benefits In several ways, Australia is at the coalface of the climate crisis. Australia’s coal industry plays an outsized role in the economy, employing 46,000 people and generating over 50% of the country’s electricity. The country is now dealing with the effects of this fossil fuel. Australia’s average temperature has increased by over 1.47°C since 1910, and extreme weather events—including wildfires, flooding, and drought—have all increased in recent decades. On the positive side...
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2023-08-02

Harness the power of environmental monitoring and space management with Interact Space analysis

Interact Space analysis enables building owners to analyze their space, environmental conditions, and occupancy more effectively Two new sensors have been introduced to monitor environmental conditions and track occupancy patterns: the Environmental sensor and the People sensor For building owners, it represents an excellent opportunity to create appealing, tenant-friendly spaces, support healthy building standard certifications such as WELL, and secure longer, more valuable lease contracts Signify is the only lighting company in the world to offer this highly effec...
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2023-06-20

Signify wins eight Red Dot awards for design excellence

Recognition follows eight iF Design awards awarded in May Industry accolades highlight the company’s persistent focus on innovation and forward-thinking design Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, will receive eight prestigious awards for product design at the Red Dot Design Awards 2023 in Essen, Germany today. Among the winning products are the Philips MyCreation Coastal breeze, a 3D-printed lamp made from recovered fishing nets that won the award for ‘Innovative Product’, and P...
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2023-03-29

Groundbreaking year for lighting innovation sees Signify climb European Patent Office worldwide rankings

Record year for submissions puts Signify in the top 10 European-headquartered companies, remaining #1 in the lighting industry and at #22 worldwide. Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, continued to extend its industry-leading IP portfolio with a record year for submissions in 2022, placing in the top 10 European-headquartered companies, first in the lighting industry, and climbing to 22nd worldwide in the European Patent Office (EPO) rankings. “Our innovations benefit the environment and society with...
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2023-02-24

Signify launches new Philips StoreFlow retail lighting, Interact Retail hybrid lighting controls, and range of luminaires made from waste materials

The revolutionary new Philips StoreFlow for shopping aisles is the first ever retail luminaire with a housing made of more than 68% bio-based plastics, with proprietary optics that cast the light exactly where it's needed, and the latest LED engine with the highest efficacy Presenting the first hybrid lighting control system for wired and wireless controllable LED luminaires that allows stores to switch to a dimmable lighting concept more easily than ever before and capture unparalleled energy savings Introducing a range of luminaires made from waste materials, red...
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2023-01-30

Signify reports full-year sales of EUR 7.5 billion, operational profitability of 10.1% and a free cash flow of EUR 445 million

Full year 20221 Signify's installed base of connected light points increased from 96 million at YE 21 to 114 million at YE 22 Sales of EUR 7,514 million; nominal sales increase of 9.5% and CSG of 1.2% LED-based sales represented 83% of total sales (FY 21: 83%) Adj. EBITA margin of 10.1% (FY 21: 11.6%) Net income of EUR 532 million (FY 21: EUR 407 million) Free cash flow of EUR 445 million (FY 21: EUR 614 million) Net debt/EBITDA ratio of 1.3x (YE 21: 1.4x) Fourth quarter 2022 Sales of EUR ...
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2022-12-29

Signify Launches Uniquely Shaped Philips O-Bulb and Hexa-Bulb in India

      Hexa-Bulb                                                                                     O-Bulb   New Delhi, Delhi, India: Distinctive circular and hexagonal shaped LED bulbs lend an elegant touch to your home Feature a simple plug-and-play design, fits into existing LED bulb sockets Signify (Euronext: LIGHT...
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2022-11-07

Signify’s Trulifi technology brings best-in-class connectivity to pioneering Berlin school

Berlin's Freie Waldorfschule enjoys high-performance, secure data connectivity through light waves  Nine rooms are equipped with custom-built transceivers and USB access keys  The school joins a growing number of educational facilities adopting Trulifi worldwide    Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has equipped a Berlin school with Trulifi technology to enable fast, secure data transmission through light waves. Students and teache...
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2022-10-28

Signify reports third quarter sales of EUR 1.9 billion, comparable sales growth of 4.3% and an operational profitability of 10.4%

Third quarter 20221 Signify's installed base of connected light points increased from 103 million in Q2 22 to 109 million in Q3 22 Sales of EUR 1,912 million; nominal sales increase of 16.3% and CSG of 4.3% LED-based sales represented 83% of total sales (Q3 21: 83%) Adj. EBITA margin of 10.4% (Q3 21: 11.1%) Net income of EUR 112 million (Q3 21: EUR 94 million) Free cash flow of EUR 135 million (Q3 21: EUR 85 million) Net debt/EBITDA ratio of 1.5x (Q3 21: 1.8x) Eindhoven, the Netherlands – Sig...
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2022-09-29

Signify and Upciti Announce Intent to Partner

  September 27, 2022 Signify and Upciti to partner to help cities and utilities across North America leverage their street lighting infrastructure to improve transportation, public safety and sustainability   New connected sensor technology to support smart parking, crowd detection and traffic management applications City of Albany, New York to pilot sensor solution and extend the value of Signify’s connected LED luminaires and Interact IoT system, deployed as part of NYPA’s Smart Street Lighting program Bridg...
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2022-09-20

Groundbreaking motion detection turns your lights on and off without the need for sensors

The SpaceSense™ feature from Signify offers a new way to automate your lights using Wi-Fi sensing technology for the WiZ lighting system WiZ also comes with new luminaires, a control accessory and a range of new features for the new WiZ app V2   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, introduces a new app, features and products for its WiZ smart lighting system to enhance users’ daily convenience. The new offerings include SpaceSense™, a motion detection technology f...
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2022-09-16

Groundbreaking motion detection turns your lights on and off without the need for sensors

Groundbreaking motion detection turns your lights on and off without the need for sensors The SpaceSense™ feature from Signify offers a new way to automate your lights using Wi-Fi sensing technology for the WiZ lighting system WiZ also comes with new luminaires, a control accessory and a range of new features for the new WiZ app V2 Eindhoven, The Netherlands. Signify (Euronext: LIGHT), the world leader in lighting, introduces a new app, features and products for its WiZ...
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2022-09-14

Signify’s lighting solutions installed in all Everlast gyms in the UK

Guildford, UK– Signify (Euronext: LIGHT), the world leader in lighting, has been appointed by Frasers Group to design and supply the lighting for all 69 Everlast Gyms across the UK. The lighting upgrade is part of the Fraser Group’s ‘elevation strategy’ to develop a unique model within the UK fitness industry and offer an unparalleled class and gym experience for Everlast members and visitors which is both inclusive and immersive.     In addition, designing the gyms with LED lighting dramatical...
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2022-08-05

Signify’s new A-class LED tube: an innovative solution for rising energy prices

  Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has expanded its Ultra Efficient product lineup with its most energy-efficient LED tube to date. Thanks to its high efficacy, the Philips MASTER LEDtube UE can help customers tackle the global energy crisis, mounting pressure to lower carbon footprints, and stricter EU regulation.   Signify last year broke new ground with the launch of the Philips LED A-class bulb, which consumes 60% less energy than a standard Phil...
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The OSCONIQ® P 3737 high-power LED achieves industry-leading wall plug efficiency of 83.2 % in Hyper Red, enabling unique output levels and cost savings Vegetable, flower, and other growers benefit from a stable photon flux thanks to the Q... READ MORE

New XLamp XFL LEDs are fully specified and optimized for flashlights and other portable lighting applications  Cree LED has just launched the new XLamp® XFL LED family, comprised of three LEDs designed for maximum performance in flash... READ MORE