philip lighting

Philips Lighting's LED lighting sales are up 33% YTY, due in part to a major focus on the residential market.

Philips reports 33% YTY increase in LED sales

 LEDs now account for 30% of company’s total lighting sales. 

An AP report says Phillips CEO Frans van Houten told analysts on a conference call last week that the company’s LEDs are attracting both early adopters and consumers. The uptick in consumer interest is due in large part to a major focus on sales of LED replacement lamps at Home Depot. Details

 

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