PHILPS lighting and millet joint venture in China to jointly promote the development of smart home lighting

November 2, 2016, the global lighting leading brand PHILPS lighting and China's Internet leading enterprises in Beijing signed an agreement to form a new joint venture to jointly promote the development of smart home lighting in china. The new joint venture will millet smart home ecosystem design and development of intelligent LED lighting products, Android (Android) and apple (iOS) application in intelligent mobile phone (App) intelligent control for lighting.

Continuation of the successful cooperation between the two sides in a variety of intelligent Internet LED lighting products, the new joint venture company will continue to develop the product through millet retail channels. The new joint venture by PHILPS lighting and millet by 70%, a stake of 30%.

"The millet popular smart home ecosystem. And online marketing strategies and PHILPS lighting excellent lighting technology combined with intelligent interconnection is a wise move for a win," Wang Yun, President of PHILPS Greater China Lighting said, "in the next few months, we will gradually millet smart home ecosystem users more leading design and excellent performance in intelligent LED lighting products. "

"PHILPS lighting is a global leader in lighting, with more than a century of history. Millet company has China largest and most abundant product category, the largest number of users of smart home ecosystem, "millet co-founder, vice president of millet ecological chain for Mr. Liu De said," through this cooperation, millet will join with PHILPS lighting play their strengths in their respective fields, provide the most intelligent lighting products the ultimate experience for users. "

The joint venture will further expand the scope of the two sides in the field of intelligent interconnection lighting and smart home ecosystem in china.

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