Jump to content

ELECTRIC SIGN SUPPLIES
If You're Looking For Premium Electric Sign Industry Components From Trim Cap, LED's, Neon Supplies, Power Supplies, Pattern Paper.  Then Please Visit Our Online Store or Feel Free To Call Us For Inquiries or Placing an Order!!
Buy Now

SIGN INSTALLER MAP
Looking for a fellow Sign Syndicate Company Member For A Sign Install or Maintenance Call?
Click Here

For Sign Company's Who Work As Subcontractors
Before You Work For A National Sign & Service Company You Need To Look At The Reviews Of These Companies Before You Work For Them. Learn When To Expect Payment From Them and What It's Like To Work For Them, The Good, The Bad, The Ugly. Learn and Share Your Experiences Yourself For Others

Click Here

Recommended Posts

Posted

Philips LED products exceeded 10% of lighting sales

01 Feb 2010

Within its Lighting business sector, LED-based products exceeded 10% of sales for Philips during the last quarter of 2009.

LED-based products exceeded 10% of Philips' total sales within the Lighting business sector, the company said when announcing its results for the fourth quarter of 2009.

Gerard Kleisterlee, president and CEO of Royal Philips Electronics , said that the company is "more than ready for the transition to even more versatile and energy-efficient LEDs and other forms of solid-state lighting."

Sales in the Lighting business sector declined from EUR1.939 billion in Q4 2008 to EUR1.846 billion in Q4 in 2009, although Philips said that the figures effectively showed no change on a comparable basis (i.e. excluding the effects of currency movements and changes in portfolio). However, full-year sales for 2009 were EUR6.546 billion, down 13% on a comparable basis.

Kleisterlee said “The Lighting sector continued on its road to recovery with strongly improved earnings and rebounding sales even though the commercial construction market continued to be in decline; and for the first time, LED-based products exceeded 10% of total sector sales.”

"In the last quarter of 2009, sales in emerging markets, in Lumileds [Philips' LED-making subsidiary] and in automotive were much higher than in Q4 2008, while Lamps enjoyed excellent growth, driven by the demand for energy efficiency," said Kleisterlee.

Philips Lighting claims to be the global leader in lamps, but also "in the sectors that matter most going forward," namely energy-efficient lighting, professional luminaires, LED-based products and applications, and automotive.

Kleisterlee said that Philips is "increasingly offering complete lighting solutions as opposed to lighting products, and that is precisely where the market value will be in the future."

He also said that Philips "will endeavor to optimize our manufacturing and supply structures during the transition from the traditional incandescent lightbulb to more energy efficient lighting solutions."

You have enemies? Good. That means you've stood up for something, sometime in your life. - Winston Churchill

Posted

I think it is great that they are doing this well. I always wondered why they put so little effort into sign products. Also always thought that their LED products (Lumileds/ColorKinetics) were very high priced.

Posted

I think it is great that they are doing this well. I always wondered why they put so little effort into sign products. Also always thought that their LED products (Lumileds/ColorKinetics) were very high priced.

I heard a rumor that they are no longer in the Sign Industry with their LED's. I've emailed the Philips Board Vendor member here and have yet to get a response.

You have enemies? Good. That means you've stood up for something, sometime in your life. - Winston Churchill

  • 4 weeks later...
Guest Signtiffic
Posted

Have you ever got a response from them Erik? I have a project thats been stop and go for the last year. The architect arbitrarily specified some phillips product and reading this has made me think I have research to do on Monday. I love the challenge of getting the architect to bite on equivalents. This should be fun. :gdmornincoffee:

Posted

Have you ever got a response from them Erik? I have a project thats been stop and go for the last year. The architect arbitrarily specified some phillips product and reading this has made me think I have research to do on Monday. I love the challenge of getting the architect to bite on equivalents. This should be fun. :gdmornincoffee:

No I have not heard a response back. I need to know because of the Red Light District test about to start and if they have a red to put in it. Also whether or not to keep their white in the GWH if they aren't doing LED's for signs anymore.

You have enemies? Good. That means you've stood up for something, sometime in your life. - Winston Churchill

Guest Signtiffic
Posted

Bummer.... Looks like we both need to make some calls next week. Thankfully for me this freaking project has been stop and go to budget constraints for a while. Everytime we move forward a little bit someone throws on the brakes. I expect that trend is not going to change this time around and by the end of next month the brakes will be on again.

  • !llumenati
Posted

I have heard from overseas customers that they pulled from the sign market al together. Maybe Eurocom could expand on this. They used to sell thier product or maybe still do along with thier Korean LED's

GOOD things happen for a reason......



×
  • Create New...