Philips combines Lumileds and LED headlight division
Philips is combining its Lumileds LED making and automotive lighting business, and may be looking for third-party investment.
The firm’s statements are all very positive, and I have no crystal ball, but I wonder if competition from all and sundry has put a dent in the profits the two divisions.
There is more on this on the Electronics Weekly news site.
automotive lighting business
, division Philips
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