For Philips, LED is the way to go

Last month, Philips announced its entry into LED (light emitting diodes)-based solar-powered lighting solutions. Developed by its R&D facility in Noida, the initiative was a part of the Dutch firm’s move to offer customers simplified solutions. Philips, the market leader in lighting products, also showed a sneak preview of a portable solar-powered LED rechargeable light. The product, currently under development, would hit the market soon.