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The company sells products for automotive, illumination and specialty applications, [10] with automotive lighting comprising 60% of its sales in 2015. [ 11 ] In architectural lighting they released the Luxeon C in 2015, a family of high-power LED light sources capable of delivering multiple colors from a single focal length.
In 2009, Dynalite was acquired by Philips Lighting, and henceforth took on its new name, Philips Dynalite. In 2018 Philips spun off its lighting department, which rebranded to become Signify N.V. Philips Dynalite is Signify's global brand for connected lighting control and building automation. Its products are available globally through Signify ...
On 3 May 2016, Philips announced the formation of the separated company called Philips Lighting N.V.. Philips stated that the main reason for the demerger was that the medical technology business accounted for more than 40% of sales, while its lighting arm remained a major money-spinner, selling products in 180 countries. [4] The separated ...
Gerard Philips (1858–1942), founder. The Philips Company was founded in 1891, by Dutch entrepreneur Gerard Philips and his father Frederik Philips. Frederik, a banker based in Zaltbommel, financed the purchase and setup of an empty factory building in Eindhoven, where the company started the production of carbon-filament lamps and other electro-technical products in 1892.
Philips Hue is a line of color-changing LED lamps and white bulbs which can be controlled wirelessly. The Philips Hue line of bulbs was the first smart bulb of its kind on the market. [ 3 ] The lamps are currently created and manufactured by Signify N.V. , formerly the Philips Lighting division of Royal Philips N.V. [ 1 ] [ 4 ]
The lighting division of Philips was spun off from the parent company in 2016, and in 2018, Philips Lighting became Signify. [9] Strand Lighting is run as an independent brand within Signify, along with Vari-Lite , and continues as a leading name in stage, television, motion picture, and architectural lighting and services.