2021-05-04
Photo Credit: Signify Provides first universal HID replacement product in the market for easy switch to LED Results in fast and easy installation Offers energy savings of up to 65% Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has introduced its new Philips TrueForce LED highbay universal lamps that are easy to install, save energy with low initial investment and are particularly suitable for industrial use, in warehouses, and retail areas. As such, LEDs can have a meaningful contribution to the E...
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2021-04-12
Provide light distribution specifically designed to enhance fish growth of many different fish species, including tilapia
Fit any pond size and can Illuminate up to six hours after sunset
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has launched new Philips solar fish grow lights that help to optimize farming for ponds, while harnessing the power of the sun. It provides spectral light specifically designed to suit many fish species, including tilapia. The grow lights enable fish farmers to increase fish producti...
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2021-02-17
Improves energy efficiency, optimizes feed conversion and reduces costs Allows Kingfish to exceed system design output by as much as 30% Promotes consistent growth of land-grown Yellowtail fish and helps to reduce stress in fish Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, supplied Kingfish Company with Philips Aquaculture photoperiodic LED lighting products to optimize fish growth and feed conversion at the world’s first sustainable land-grown aquaculture facility for Yellowtail fish. The lights prov...
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2021-01-28
According to foreign media, in order to deal with the current status of lighting industry, Signify will halt production at its factory in Tupelo, Mississippi. Before the end of 3Q21, the production of its DayBrite and Chloride professional indoor lighting solutions will be transferred to its factories in San Marcos, Texas and Monterrey, Mexico. This transfer also includes some indoor lighting R&D. Sales, marketing, IT teams and key R&D will continue to run in Tupelo. According to Signify, due to the transformation in the lighting industry, this chan...
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2021-01-06
Signify has formed a strategic alliance with Honeywell on December 21, 2020 and will work on the comprehensive smart lighting solutions in the field of commercial buildings.
According to the agreement, Honeywell’s Building Management Systems and its Forge enterprise performance management platform will be integrated with Signify’s Interact connected lighting system and software and its UV-C disinfection lighting. In addition, Signify will also offer human-centric lighting such as NatureConnect.
With Signify’s connected LED lighting system In...
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2020-12-24
The combination of Philips DigiStreet luminaires and Interact provides an energy saving of 80%
Minimizes light pollution with the 2700K color temperature fully in compliance with local regulations on preserving night sky without compromising road safety and driving experience
Zhaga connectors make the highway ready for the future, enabling sensing capabilities for monitoring environmental conditions such as motion, tilt, vibration, and noise
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, is transforming G...
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2020-12-23
Honeywell adds Signify’s lighting systems and software to its Healthy Buildings solutions to improve occupant experience, productivity and wellbeing
Includes Signify’s UV-C disinfection lighting, connected lighting, human-centric lighting and occupancy, space and environmental monitoring
Integrating smart LED lighting solutions with building management systems can help buildings improve energy consumption
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, and Honeywell (NYSE: HON), a ...
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2020-11-17
Signify recently announced that it has reached an agreement to partner with top Netherlands-based soccer (association football) club PSV Eindhoven to install under-ceiling UVC air disinfection systems from Philips in the club’s facilities.
A total of 15 such systems will be installed for the club, in locations including lockers rooms in the Philips Stadion and indoor spaces in De Herdgang training facility. In particular, three UVC air disinfection systems will be installed in each of the locker rooms for the home and away teams in the Stadion, while Signify...
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2020-10-16
Signify reported that its horticulture LED lighting product was selected by GoodLeaf Community Farms in Canada to enhance food production. GoodLeaf grows and packs fresh greens year-round, operating a 4,000-square-metre indoor vertical farm in Ontario, Canada, which is now fully operational to supply some of the largest Canadian retail chains.
The vertical farm is fully automated and equipped with the latest LED lighting technology for growing indoors. By providing a controlled environment, Philips Greenpower LED production modules enable GoodLeaf to shorten prod...
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2020-09-11
Signify has dedicated to sustainability with several different approaches and now the company proudly announced that it has achieved carbon neutrality for all its operations across the world as well as using 100% renewable electricity.
Signify has reduced its operational emissions by more than 70% since 2010, having shifted to more energy-efficient technologies at its sites, to more sustainable modes of transport and optimized logistics planning, and to less travel in a more sustainable way. It also uses 100% renewable electricity, supported through two power purchase agreements, one...
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2020-09-03
Signify and ScaleAQ join forces in a global strategic partnership for sustainable Aquaculture solutions, to optimize feed conversion in the most efficient way and contribute to the food challenges the world is facing. Together the two companies will improve fish welfare, production and yield for fish farmers by providing an optimal light spectrum, light distribution and control system so farmers can customize the light recipes to their specific needs. Optimal lighting improves fish welfare and results in a better feed conversion ratio and lower maturation rate. It also protects fi...
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2020-08-27
Signify and EDZCOM, the Nordic market leader in Edge Connectivity, will join forces to introduce Trulifi by Signify, two-way wireless network connectivity through infrared and visible light, into industrial applications. The partnership will apply to Signify’s LiFi solutions, branded Trulifi, in the manufacturing industries.
(Image: EDZCOM/Signify)
Trulifi uses infrared and visible light waves to enable a highly reliable, secure two-way wireless communication at speeds far above most conventional wireless technologies. Trulifi offers immunity to interfe...
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2020-08-18
Last September, Volkspark stadium in Humburg, Germany, installed Signify’s LiFi system Trulifi. The system has provided fast and reliable internet connectivity for the journalists and photographers reporting the 2019-2020 season.
Stadiums usually have difficulties offering stable and reliable connections for the press center during large sport games as wireless signal in these bustling locations was prone to overload. To tackle the issue, the Volksparkstadion in Hamburg installed LiFi system which uses light to transmit data and allows up to a blistering 250Mbps for...
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2020-08-14
Dutch lighting company Signify is planning to close its production facility in Salina, a city in Kansas, U.S., reported local news “Salina Post.”
(Image: Signify)
The production facility in Kansas manufactures conventional lighting products. As the demands continues to decline, Signify said it will leverage economies of scale and improve efficiencies by relocating the production of conventional lighting products to its facilities in Poland and India.
The company will gradually start the transition and plans to close the facility in Kansas in the second ...
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2020-08-11
Global warming, climate changes and increasing world population are posing threats to the planet we are living on and putting pressure on food security. Leading lighting supplier Signify recently shares its viewpoint of how horticulture lighting based on LED technology can be an enabler for sustainable alternative food production.
Signify suggests that using artificial lights in horticulture is one way to increase demand without driving up the resource usage.
Grow lights can either supplement natural daylight or replace it entirely. Using them creates a controlled farming envi...
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2020-07-24
Signify announced the company’s 2020 second quarter results with sales of EUR 1.469 billion (US$ 1.7 billion). Comparable sales decreased by 22.5% due to the COVID-19 impact. However, the company still managed to maintain a profitable adjusted EBITA margin of 9%.
(Image: Signify)
The company also reported a net income of EUR 81 million (US$ 94.03 million) which increased by 61.5% YoY as a result of lower restructuring costs and one-time non-cash tax benefits from changes in the organizational structure.
LED-based sales accounted for 80% of total ...
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2020-06-22
Signify announced its partnership with the New York Power Authority (NYPA) to support the Smart Street Lighting NY project of the state.
The Smart Street Lighting NY program was launched in 2018 with the aim to replace streetlights in New York State. Signify is going to provide its Interact City IoT lighting system to connect LED luminaires and further help cities of the state to reduce their energy consumption and carbon footprint. To date, more than 50,000 LED streetlights have been installed or are currently being installed under the program.
(Im...
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2020-06-17
Signify collaborated with the National Emerging Infectious Diseases Laboratories (NEIDL) at Boston University in the US on a research that validates the effectiveness of Signify’s UVC light sources on the inactivation of SARS-CoV-2, the virus that causes COVID-19.
Since the start of the SARS CoV-2 pandemic, Dr. Anthony Griffiths, Associate Professor of Microbiology at Boston University School of Medicine and his team have been working on developing tools to support scientific advancement in this field. During their research they have t...
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2020-06-10
LED lighting not only supports and optimize the growth of plants, it can also help fish farming. Signify announced its latest innovation in aquaculture LED lighting with related product that improve land- and marine-based cultivation of salmon, seabass and seabream. The unique light distribution also lead to less exposure to sea lice, reducing treatment up to 50%.
According to Signify, light is a powerful tool for enhancing fish production and welfare. With an optimized contrast ratio, Philips aquaculture LED lighting supports a lower food conversion ratio and the right lig...
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2020-06-08
Signify has committed to its sustainable goals including reducing carbon emission and achieving circular economy. Last week, the Dutch Company further announced another target to eliminate plastic usage in packaging.
Signify announced that it will now start phasing out all plastics from packaging for consumer-related products with the aim to be plastic-free in 2021. By phasing out plastic used for consumer product packaging, Signify will avoid the use of over 2,500 tonnes of plastics per year. This is equal to 125 million PET bottles which, placed in a row, would stretch more t...
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2020-05-26
Signify announced the appointment of Francisco Javier van Engelen Sousa as Chief Financial Officer (CFO), succeeding René van Schooten, who currently holds the position on an interim basis. The appointment will become effective on June 15, 2020.
Javier most recently held the position of CFO for Grupo Telepizza, a food operator, ultimately leading the process to take the company private in 2019.
Signify will propose the appointment of Javier van Engelen to the Board of Management at an Extraordinary General Meeting of Shareholders (EGM), to be h...
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2020-05-25
Signify announced that its lighting portfolio will meet the new EU Ecodesign and Energy labeling regulations, which will affect all lighting products in the EU Member States from September 2021 onwards. The new regulations are representative of the enormous transition that has taken place in the lighting industry.
(Image: Signify)
The new Ecodesign regulation combines the current three EU regulations on lighting into one. It introduces stricter energy efficiency requirements. Together with the new regulation on Energy Labeling it means that the energy labels for al...
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2020-05-18
Signify launched its new lighting product based on the concept of Human Centric Lighting, NatureConnect, which is built on proven biophilic design principles, usint elements of nature in interior spaces to create healthy, engaging and inspiring environments.
(Image: Signify)
It is suggested from several researches that exposure to the right amount of light during the day, as well as the colors and dynamics from nature helps to improve people’s physical and psychological wellbeing. But the modern life style often leads to lack access to enough daylight, resulting...
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2020-05-04
Tridonic, the lighting technology company of the Zumtobel Group, welcomed its new CEO on May 1, 2020. Meanwhile, Dutch lighting company Signify report the pricing of its Eurobond to refinance the bridge loan for the acquisition of Cooper Lighting. Hugo Rohner has become the Chief Executive Officer (CEO) of Tridonic of the Austria based Zumtobel Group. Hugo Rohner is an internationally experienced manager in the fields of digitalisation and IoT (Internet of Things) and was most recently the CEO of the Skidata Group in Salzburg. He will reports directly...
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2020-05-04
Signify has teamed up with Russian innovative farming company RIAT to pioneer the growing of tomatoes and cucumbers in a vertical farm without daylight. During the research phase in 2019, RIAT achieved a yield comparable to advanced traditional greenhouses using Philips GreenPower LED grow lights.
To cultivate tomatoes and cucumbers that require intensive lighting vertically without the exposure of daylight, sufficient lighting system is critical. Signify supplied its LED grow lights to the Russian company to help it achieving a yield performance comparable to tradit...
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2020-04-24
Signify announced the company’s first quarter 2020 results with sales amounted to EUR 1.43 billion (US$ 1.53 billion), down by 3.5% YoY. With adjusted for 1.3% currency effects and 10.6% consolidation (mainly related to the acquisitions of Cooper Lighting and Klite) and other changes, comparable sales declined by 15.3%. LED-based sales represent 78% of total sales. The adjusted gross margin increased by 50 bps to 38.2%, including a negative currency effect of 10 bps. Adjusted indirect costs decreased by EUR 4 million (US$ 4.295 million). The Adjusted EBIT...
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2020-04-23
Signify, the world’s largest lighting company, recently suspended its 2020 financial outlook and cut 20% wage of its employees in response to the COVID-19 pandemic. On April 22, the company further published a press release explaining its perspective of the crisis. Stephen Rouatt, Signify’s Head of Strategy, Alliances and Market Insights, looks at the economic impact of the coronavirus pandemic
Rouatt said that the impacts on the global economy caused by COVID-19 will likely to continue until 2021 depending on how governments around the world contain th...
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2020-04-17
The National Electrical Manufacturers Association (NEMA) in the U.S. and lighting company Signify published press releases to state the importance of lighting under the threat of COVID-19 pandemic.
(Image: Pixabay)
NEMA and members of its Lighting Systems Division addressed that lighting and lighting system manufacturers are essential businesses and requested that all government agencies should exclude lighting and lighting systems device manufacturers from stay-home policy to fully support the requirement of public’s needs for lit, safe, and secure envi...
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2020-03-27
More companies published their response to the impacts resulted by coronavirus pandemic. Signify announced several measures of the company including suspending its fiscal 2020 outlook postponing Capital Market Day. Infineon Technologies reported withdrawal of its business outlook of fiscal 2020.
(Image: Pixabay)
Signify said that it has taken considerable action focused on the health and safety of its employees, on customer engagement and supply chain continuity and on free cash flow generation and operating expenses. The company also decided to suspend its financial outlook...
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2020-03-27
The novel coronavirus (COVID-19) is threatening all over the globe with continuously surging cases in nearly every countries. In order to reduce the risks of infection, disinfecting applications utilizing UVC radiant have attracted attentions in both the medical and consumer market.
UV light solution providers across the world are offering their expertise to help medical institutions eliminating bacteria and viruses to prevent healthcare-associated infections. Bolb, the U.S.-based UV LED company, provided their UVC LED products to decontaminate infectious disease...
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