Royal Philips CEO Frans van Houten introducing the Hue smartphonecontrollable lighting system in 2012 Photo courtesy of Philips Lighting

Royal Philips CEO Frans van Houten introducing the Hue smartphone-controllable lighting system in 2012

Philips Unveils Plans to Combine Lumileds and Auto Lighting in Stand-Alone Business

Philips’ concentration on systems and services that promise a better margin over the long term may make sense, especially given that solid-state lighting’s longer product lifespans will almost inevitably bring a day when replacements and retrofits are far more rare than they are today.

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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