MANUFACTURING
Philips combines LED and IoT connected technologies
leveraging its scale as a global manufacturer .
Technology as the driving force Philips is keen to see the next generation of technology implemented across its verticals , which will not only enhance its competitive profile but will also help to provide its customers , and society at large , with long term solutions to ever-pressing energy issues . By simultaneously implementing LED and IoT connected technologies the company has been able to design and produce luminaires which combine both ; these are
“ Obsolescence , particularly in the form of write downs or write offs has traditionally been a big issue for Philips . Philips is diverting a significant percentage of its consumer luminaires manufacturing operations away from China in order to reduce these costs , as well as to reduce its time to market ”
– Mika Salomaa , Vice President of Operations
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