Royal Philips to Combine Lumileds and Automotive Lighting into Stand-alone Company

Dutch electronics company Royal Philips said it would start the process to
combine its Lumileds (LED component business), and Philips Automotive Lighting
into a stand-alone company within the Philips Group, according to Reuters.
Sales of the combined businesses were about 1.4 billion euros in 2013. Philips
expects the process of integrating Lumileds and its …

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