Following the spin-off of Osram from Siemens, global lighting giant Philips recently announced it would split off its lighting business into a stand-alone company on September 23. That move follows an announcement in June that Philips would combine Lumileds, its LED components business and automotive lighting business into a separate company.

In recent years, TV has shifted from LED to OLED technology, while High Definition (HD) is moving towards Ultra High Definition (UHD), indicating restructure of the global TV industry. Korean manufacturers that are currently the “leading ram” of the industry are using technology advantages to grab more market share. While Chinese and Japanese manufacturers might sink into a technology competition similar to the race between Soviet Union and U.S. during the Cold War.