philip lighting

Philips reports 33% YTY increase in LED sales

Oct. 21, 2013
 LEDs now account for 30% of company’s total lighting sales. 

An AP report says Phillips CEO Frans van Houten told analysts on a conference call last week that the company’s LEDs are attracting both early adopters and consumers. The uptick in consumer interest is due in large part to a major focus on sales of LED replacement lamps at Home Depot. Details

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