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LED products make up 18% of lighting sales at Philips

LED products continue to grow in importance for Philips’ lighting business, while new LED families have been introduced by Philips Lumileds. Philips has revealed that sales in its lighting business were EUR 2.072 billion for the fourth quarter of 2011, (from total company sales of EUR 6.7 billion). The company said that its LED-based sales (including all types of products, from packaged LEDs to lamps and luminaires) grew 37% compared to Q4 2010: LED products now represent 18% of total Lighting sales (or EUR 373 million for the quarter).

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