[Text|High-tech LED fire] Recently, Philips in the Netherlands announced that the group intends to split into two, and the lighting and medical care splits are operated by two companies. Philips Lighting will be upgraded from a division of the group to an independent operating company.
Zhang Hongbiao, research director of the High-tech LED Industry Research Institute, believes that Philips Lighting alone will help it get rid of the ubiquitous “big company diseaseâ€. Before the global LED lighting market expands rapidly and the challenges of products are changing rapidly, it can be even more The flexible organizational structure responds to changes quickly and efficiently.
In fact, although Philips Lighting is only in the Philips Group as a business unit, it has already become one of the global lighting giants. In terms of sales revenue, it ranks first in the global lighting industry. Last year, lighting revenue was about 8 billion. EUR.
The reporter saw in the Q1 and Q2 financial reports of the Philips Group this year that the sales of LED products and the proportion of LED products in the sales of the lighting sector are both increasing. It can be seen that with the increasing volume of the LED market, the Philips Group needs to change its previous approach to the traditional lighting market, and the formation of the lighting company means that the development strategy will undergo major changes.
In fact, another lighting giant, Osram, has been on its own and listed on the market last year. As a "one or two" dispute, Osram's first step "upgrade" naturally put pressure on Philips.
In this regard, Zhang Xiaofei, chairman of Gaogong LED, once pointed out that after Osram's independence, the response to market demand will be faster, and the funds obtained through listing will be more abundant. "Global LED giants such as Philips, Osram, and Cree want to expand their sites, and the application market has become the focus of competition."
Currently, in the application market, Philips has focused on smart connected LED lighting systems for home, office, commercial and urban lighting. Eric Rondolat, CEO of Philips Lighting, said, “We hope to maintain a leading position in the transition from traditional lighting to digital lighting, while at the same time drawing on some of our knowledge and products through collaboration with other companies in the industry. Complementary technology makes Philips stronger."
Why do you want to spin off the lighting company? Philips CEO Frans van Houten stated: “Integrating the lighting solutions business will better enable the business to expand its global leadership and gain more relevant market opportunities.â€
Zhang Hongbiao believes that after Philips Lighting became an independent operating company, it will definitely exert its strength in the Chinese market, resulting in a sharp increase in pressure on domestic lighting companies. He said that in the past, when some domestic enterprises were playing Philips lighting products design or patented edge-bounce balls, Philips lighting was often beyond the reach of the Sun, and this situation will change.
However, details about how the Philips lighting products business will be divested into a single legal company will not be known until 2015.
The Philips Group said: "Independent companies will be able to make appropriate investments to promote growth and drive profitability, ultimately creating greater value for our customers, employees and shareholders." In response, Zhang Hongbiao said that Philips Lighting will After Osram followed by the road to listing.
Philips Chengdu Lighting Application Center - Office Display Area
Zhang Hongbiao, research director of the High-tech LED Industry Research Institute, believes that Philips Lighting alone will help it get rid of the ubiquitous “big company diseaseâ€. Before the global LED lighting market expands rapidly and the challenges of products are changing rapidly, it can be even more The flexible organizational structure responds to changes quickly and efficiently.
In fact, although Philips Lighting is only in the Philips Group as a business unit, it has already become one of the global lighting giants. In terms of sales revenue, it ranks first in the global lighting industry. Last year, lighting revenue was about 8 billion. EUR.
The reporter saw in the Q1 and Q2 financial reports of the Philips Group this year that the sales of LED products and the proportion of LED products in the sales of the lighting sector are both increasing. It can be seen that with the increasing volume of the LED market, the Philips Group needs to change its previous approach to the traditional lighting market, and the formation of the lighting company means that the development strategy will undergo major changes.
In fact, another lighting giant, Osram, has been on its own and listed on the market last year. As a "one or two" dispute, Osram's first step "upgrade" naturally put pressure on Philips.
In this regard, Zhang Xiaofei, chairman of Gaogong LED, once pointed out that after Osram's independence, the response to market demand will be faster, and the funds obtained through listing will be more abundant. "Global LED giants such as Philips, Osram, and Cree want to expand their sites, and the application market has become the focus of competition."
Currently, in the application market, Philips has focused on smart connected LED lighting systems for home, office, commercial and urban lighting. Eric Rondolat, CEO of Philips Lighting, said, “We hope to maintain a leading position in the transition from traditional lighting to digital lighting, while at the same time drawing on some of our knowledge and products through collaboration with other companies in the industry. Complementary technology makes Philips stronger."
Hue is a representative product of Philips Smart Connected Home Lighting
Why do you want to spin off the lighting company? Philips CEO Frans van Houten stated: “Integrating the lighting solutions business will better enable the business to expand its global leadership and gain more relevant market opportunities.â€
Zhang Hongbiao believes that after Philips Lighting became an independent operating company, it will definitely exert its strength in the Chinese market, resulting in a sharp increase in pressure on domestic lighting companies. He said that in the past, when some domestic enterprises were playing Philips lighting products design or patented edge-bounce balls, Philips lighting was often beyond the reach of the Sun, and this situation will change.
However, details about how the Philips lighting products business will be divested into a single legal company will not be known until 2015.
The Philips Group said: "Independent companies will be able to make appropriate investments to promote growth and drive profitability, ultimately creating greater value for our customers, employees and shareholders." In response, Zhang Hongbiao said that Philips Lighting will After Osram followed by the road to listing.
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