Philips, the global lighting manufacturer, will enter the Taiwan LED streetlight market in the second quarter of 2008, and several projects are in talks with the county governments.
On March 3, 2008, the person in charge of Taiwan's Philips pointed out that Philips' investment in TSMC's semiconductors and South Korea's LPL panels in the past has significantly reduced their shareholdings. The stocks sold have been invested in lighting and healthcare, with a total of tens of billions of euros in recent years. . Philips' operations in Taiwan are also in line with the major changes in the headquarters, which will focus on green, energy-saving products such as lighting, street lighting, LED candlelights, power-saving bulbs, digital photo frames, and surround sound.
The general manager of Taiwan's Philips Lighting Division said that the market for Taiwan's streetlights has been converted into LEDs with more than 1 billion yuan. It is currently installed in Taipei, Taichung and Kaohsiung, and Philips is negotiating with the county and city governments. In addition, he also stressed that Philips Lighting is focused on the high-performance LED market. LED lighting application related products have grown rapidly and will continue to multiply each year, mainly for energy-saving lighting, architectural lighting and situational lighting. At present, Philips has introduced the situational lighting of LED candlelights in Taiwan, and the products introduced in the future will increase quarter by quarter.
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