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General loss of LED industry why PHILPS upstream?

PHILPS lighting in the first quarter of total sales, solid state technology accounted for 40%. PHILPS CEO haodon told million investors, despite the obvious decline in the traditional lighting technology sales, a decrease of 16% over last year, but LED lighting sales rose 21%. As a result, the total lighting sales in the quarter fell by only 3% to $1 billion 840 million.

1, LED business accounted for 40%, about $735 million

The latest change of energy-saving technology means, now PHILPS lighting LED accounted for 40% of sales, about $735 million a year ago, accounting for about 34% of the sector's profitability improved thanks to the light source and the electronic unit to cut costs and improve productivity.

PHILPS this year is the International Year of technology and joint Guoguang light group sponsors, is currently undergoing a major restructuring, the lighting department will be in February next year as an independent entity to operate, then may split off or sell.

2, the first half of next year to complete the project is expected to cost 5-7

PHILPS Lumileds most of the company's shares and automotive lighting business has been sold to a Chinese led private equity group. However, PHILPS said the deal with GO Scale Capital will be "imminent" in the fourth quarter of 2015, as "regulatory approvals require additional time"".

PHILPS said on Monday that it expects to complete the lighting business in the first half of 2016, which is expected to cost $200 million to $300 million in 2015 and will cost the same amount in 2016. The company had previously expected to spend 3 to $400 million in 2015, but did not estimate the cost of 2016.

3, pick up the project, looking for cooperation, the 15 million bubble hair to India

The responsible person stressed that the lighting business of some recent developments, such as the May PHILPS reached LED lamps first built in visible light communication technology trading, the largest retailer Carrefour hypermarkets have agreed to try the system in the northern part of Lille, france. Not only can reduce half of the lighting power consumption, but also through the lighting of the lamp to send to the consumer mobile phone promotional information and route guidance, etc..

PHILPS Tappan Zee and the completion of the New York bridge (also known as the new New York bridge) of the intelligent LED lighting system, Tappen Zee across the Hudson River on the bridge and is considered to be the largest in the history of the construction project in New York. Which is about 5 km long part will be equipped with more than 3 thousand PHILPS LED lamp, which is part of PHILPS Hue smart bulbs support change color, not only has greater flexibility in lighting, but also more energy.

There is a deal in less technologically advanced, but it has more influence, PHILPS won an agreement to help India government to achieve its goal of energy-saving lighting, the shipments to India not less than 15 million 7W LED light bulb, to help reduce its demand for electricity during the peak period of electricity in the country's infrastructure pressure.

4, is expected to grow by 2%-4%, LED sales reached 2 billion 700 million euros

PHILPS believes that the total annual growth of 2%~4% lighting market will reach 750~850 billion euros, in 2019, the popularity of the LED is expected to be as high as 70%, with the decline in the cost of technology, forecast LED recent growth rate will be faster than before. PHILPS also said that in the past 12 months, its LED sales reached $2 billion 700 million.

Despite the warning of macroeconomic environment should pay more and more attention, especially China, Russia and Latin America, PHILPS in the latest updated financial shares rose about 5%, encouraged to lighting and healthcare, investors apparently maintain a positive trend.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).

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