PHILPS launched a number of LED technology innovation solutions

The day before, the Royal Dutch Philips Electronics Ltd demonstrated its general lighting and atmosphere lighting technology LED innovative solutions in Germany Frankfurt Lighting Fair, the series includes Home Furnishing, offices, streets, commercial and service industries and many other market segments.

Compared to traditional light sources, LED small size, powerful and energy-saving, in color, dynamic, control and wisdom have more creative. This means that people can use LED to create a richer atmosphere, environment and application than ever before to meet the needs.

PHILPS Lighting Group CEO Rudy Provoost said: in the past two years, leading enterprises PHILPS lighting invested nearly 4 billion euros to buy the field of solid state lighting, PHILPS has now clearly see the amplification effect brought through inter company cooperation. With the rapid development of LED technology, PHILPS has been able to provide the world's leading LED solutions in general lighting and atmospheric lighting, which will change people's views on lighting.

The rapid development of LED technology has accelerated the pace of PHILPS's introduction of high quality LED lighting system into the field of general lighting. Expected from 2007 to 2010, its market share in the solid state lighting systems is expected to grow from 700 million euros to Euro 1 billion 500 million, an annual increase of more than 30%.

Source: LEDinside