Royal Philips has announced that it has entered into agreements to acquire 51% of General Lighting Company (GLC), a major lighting company in the Kingdom of Saudi Arabia (KSA), from...

Royal Philips has announced that it has signed a term sheet to transfer its remaining 30% stake in TP Vision, the TV joint venture with TPV Technology, to a fully-owned subsidiary...

Universal Display has announced it will begin supplying Philips with phosphorescent OLED (PHOLED) materials for solid-state lighting applications.

Lighting maker Philips and carpet maker Desso have announced a partnership agreement to develop solutions that combine LED lighting with light transmissive carpet. Philips said the...

Philips has announced that its third-quarter 2013 revenues reached EUR5.6 billion (US$7.56 billion), up 3% on year, with growth for the LED segment hitting 33%.

TV maker TP Vision aims to ship 7-8 million TVs in 2013, according to the company.

While mid-power LED chips account for only a small proportion of LED lighting currently, the proportion will grow fast over the next few years to reach about 50%, Philips Lumileds...

The luminous efficiency for LED lighting has now risen to 100-150lm/W and is expected to keep rising to 200lm/W in five years and to 220lm/W in 2020, according to Solid State Lighting...

Philips has launched new-generation 7W, 8W, 10W and 13W LED light bulbs in the Taiwan market at retail prices of NT$399 (US$13.3), NT$399, NT$499 and NT$599 respectively, according...

OLED lighting has been entering volume production and Philips is currently showcasing Lumiblade OLED lighting products at LED Lighting Taiwan 2013.

Pricing is an important factor in the commercialization of LED lighting. To stimulate demand, LED light bulb firms have been introducing low-price products.

Apart from gradually replacing traditional lighting, LED lighting is targeting the high-end market with more value-added products. In addition, commercialization of OLED lighting...

April 2013 prices of 40W and 60W retrofit LED light bulbs in Japan were JPY1,743/unit (US$17.25/unit) and JPY2,357/unit, respectively, showing an on-month decrease of 4% and 12.5%,...

AU Optronics (AUO) is expected to further bump up its shipments of Ultra HD TV panels due to a recent order increase from Philips for 55- and 65-inch units, according to industry...

The global LED light bulb pricing has been falling in 2013 because some large-size industry leading brands have introduced low-price products. Market observers believe demand in the...