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Philips cuts 5-7% in 1H17 procurement prices for LED devices used in LED lighting

Siu Han, Taipei; Adam Hwang, DIGITIMES Asia 0

Philips has negotiated procurement prices for LED devices used in its own-brand LED lighting for the first half of 2017 with its supply chain makers, resulting in 5-7% reductions from the first half of 2016, according to industry sources.

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