PHILPS will enter the Taiwan LED street market

PHILPS, the world's largest lighting manufacturers in the second quarter of 2008 to enter the Taiwan LED street market, a number of projects are negotiating with the county government.

In March 3, 2008, Taiwan PHILPS responsible person pointed out that PHILPS's past investment in Taiwan TSMC semiconductor, South Korea LPL panel, significantly reduce holdings, the stock investment lighting, the healthcare sector in recent years, a total of 10 billion euros. PHILPS's operations in Taiwan also cooperate with the headquarters of the major changes, will be lighting, street lights, LED lights, energy-saving bulbs, digital photo frames, surround sound and other green products related to the main.

The general manager of Taiwan PHILPS lighting division said, Taiwan Street into the LED market is about 10 yuan, is currently in Taipei, Taichung and Kaohsiung began to negotiate with PHILPS is installed, the local government in the project. In addition, he also stressed that PHILPS can focus on efficient LED lighting market, LED lighting applications related products revenue grew rapidly, every year will continue to multiply, mainly used in energy-saving lighting, architectural lighting and lighting situation in three areas. At present, the situation in Taiwan has been lighting PHILPS introduced LED candle lamp, the day after the introduction of the product will increase every quarter.

Source: Taiwan Economic Daily