LED lighting business is generally losing money when Philips LED business is increasing

Among the total sales of Philips Lighting in the latest quarter, solid-state technology accounted for 40%. Philips, the lighting, consumer goods and medical imaging giant, released its latest quarterly earnings report, showing higher sales and profits, and its LED-related business is also a strong boost to improving profitability. Philips CEO Mr. Marriott told investors that sales of LED lighting increased by 21%, despite a significant decline in sales of traditional lighting technology, down 16% from the same period last year. As a result, total lighting sales for the quarter fell only 3% to $1.84 billion.

1, LED business accounted for 40%, 40% of about $ 735 million <br> <br> the latest change means that energy-saving technology, and now accounts for Philips LED lighting sales of about $ 735 million a year ago about 34 %, the department's profitability is boosted by light sources and electronic units cutting costs and increasing productivity.

Philips is the sponsor of the United Nations International Year of Light and Light-Based Technology this year and is currently undergoing a major restructuring. The lighting division will operate as an independent entity in February next year and may then be spun off or sold.

2, the first half of next year to complete the spin-off is expected to cost 5-7 in most of the euro <br> <br> Philips Lumileds company shares and automotive lighting business has been sold to a Chinese leading private equity groups. However, Philips said that the deal with GO Scale Capital will be "immediate" in the fourth quarter of 2015, because "regulatory approval requires extra time."

Philips said on Monday that it is expected to complete the separation of its lighting business in the first half of 2016. It is expected that this initiative will cost between 200 million and 300 million euros in 2015 and will also cost the same amount in 2016. The company had previously expected the cost to be between 300 and 400 million euros in 2015, but did not estimate the cost of 2016.

3, then the project, looking for cooperation, 15 million bulbs sent to India <br> <br> responsible person stressed that the lighting business a number of recent developments, such as Philips in May reached its first built-in LED lamps visible light communication technology The deal, the largest retailer Carrefour, has agreed to try the system at a large store in Lille, northern France. Not only can it reduce the lighting power consumption by half, but also send the lighting information of the lamps to the shopper's mobile phone promotion information and route guidance.

And Philips' completed smart LED lighting system for the Tappan Zee Bridge in New York (aka New York Bridge), Tappen Zee traverses the Hudson River and is considered the largest bridge construction project in New York history. The 5km long section will be equipped with more than 3,000 Philips LED lights, some of which also support the same color change as the Philips Hue smart light bulbs, which not only provides greater flexibility in lighting, but is also more energy efficient.

Another transaction is not technically advanced, but there is no doubt more impact. Philips has won an agreement to help the Indian government achieve its energy-saving lighting goals, and will ship no less than 15 million 7W LED bulbs to India. To help it reduce the pressure on the country's power infrastructure during peak demand periods.

4, is expected to grow 2% -4%, LED sales reached 27 euros <br> <br> Philips believes that the annual total lighting market will grow by 2% to 4%, to 750 ~ 85 billion euros in 2019, LED popularity The rate is expected to be as high as 70% or more. With the decline in technology costs, LEDs will grow faster than previous forecasts in recent years. Philips also said that its LED sales have reached 2.7 billion euros in the past 12 months.

Although warnings about the macroeconomic environment should be “increasingly concerned”, especially in China, Russia and Latin America, Philips’ share price has risen by about 5% after the latest financial update, and investors are clearly encouraged to be active in lighting and healthcare. trend.

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