Philips says LEDs could increase to 45% of total lighting sales by 2015

Lots of interesting nuggets in the presentation accompanying the release of Philips' 2Q financials. According to the press release, Philips' Lighting comparable sales increased by 6%, led by double-digit sales growth at Light Sources & Electronics and high-single-digit sales growth at Automotive. LED-based sales grew by 37% year-on-year and now account for 20% of total Lighting sales.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish