Philips, a global leader in lighting solutions, has announced that it will invest more than 10 million yuan (about 2 million US dollars) to expand its LED lighting factory in Tupelo, Mississippi. The expansion will enable the plant to produce LED products using Philips’ innovative technology developed in San Jose, California1.
Why Philips is Investing in LED Lighting
LED lighting is a fast-growing and environmentally friendly segment of the lighting industry. LED lights use up to 80% less energy than traditional incandescent bulbs, and last up to 25 times longer2. LED lights also offer superior quality, performance, and design flexibility, making them ideal for various applications, such as outdoor lighting, indoor lighting, automotive lighting, and smart lighting.
Philips is committed to advancing LED lighting technology and expanding its market share in North America and globally. According to the company, the expansion of the Tupelo plant will create more than 50 new jobs and increase the plant’s annual production capacity by 50%1. The plant will also be able to produce LED products that meet the specific needs and preferences of North American customers, such as color temperature, brightness, and dimming features.
How Philips is Leading the LED Lighting Industry
Philips is not only investing in LED lighting production, but also in research and development, innovation, and customer service. The company has a strong presence in the LED lighting industry, with a portfolio of more than 1,500 patents and a network of over 200 research partners2.
One of the key technologies that Philips has developed is the Lumileds Luxeon LED, which is a high-power, high-efficiency, and high-quality LED chip that can be used for various lighting applications. The Luxeon LED is manufactured in San Jose, California, and is the core technology that will be used in the LED products produced in the Tupelo plant1.
Philips also offers a range of LED lighting solutions that cater to different customer segments and needs. For example, Philips Hue is a smart lighting system that allows users to control and customize their lighting using a smartphone app or voice commands. Philips Hue can create different ambiances, sync with music and movies, and integrate with other smart devices2.
Another example is Philips CityTouch, a connected lighting system that enables city authorities to manage and optimize their outdoor lighting infrastructure remotely and in real time. Philips CityTouch can reduce energy consumption, improve safety and security, and enhance the livability and attractiveness of urban spaces2.
Conclusion
Philips is a pioneer and leader in LED lighting, and its expansion of the Tupelo plant is a testament to its commitment and vision. By investing in LED lighting production, technology, and solutions, Philips is creating value for its customers, shareholders, employees, and society at large. Philips is lighting the way to a brighter and more sustainable future.
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