Royal Philips, Amsterdam, Netherlands, which since it took full ownership of solid-state lighting component maker Lumileds in 2005 has been pushing solid-state lighting research and product development about as hard as anyone, is moving to restructure its lighting business in a bid for faster growth.
Part of the plan is to combine Lumileds with its automotive lighting business as a stand-alone company and pursue third-party financing, with Philips retaining a stake. The company said i
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