PHILPS lighting revenues for the first time since 8 quarters of growth

Both CREE and PHILPS electronics have reported upbeat quarterly results, while a new report from pike research predicts that the development of LED lighting in the Asia Pacific region will accelerate in 2015.

PHILPS lighting revenues for the first time since 8 quarters of growth

PHILPS Electronics (PHIA.AE) announced 2012 first quarter earnings. This quarter due to the effective sales strategy, but also the sale of part of the assets, the company's net profit has increased significantly, reaching 248 million euros, higher than the average analyst expectations. PHILPS healthcare sector performed strongly, in addition, the lighting sector revenue growth for the first time since 8 quarters.

PHILPS trademark

"I am pleased to report that all of our business segments have solid growth, with the health care sector operating at a rate of 9%, with growth in the lighting sector growing at a rate of 2%. If the company does not count the external sales of the lumen (LumiLEDs) business, the actual growth rate of our lighting business quarter of 4%. PHILPS CEO Frans Vanhautown (Frans van Houten) said that this quarter, LED product sales increased by 22%.

In April 2011 after the helm of PHILPS, the company will set the goal of two points: to make the company more streamlined, better customer centric. He said: "given the uncertainties in the European market, particularly in the healthcare and construction markets, we should remain cautious throughout the year. In order to curb the loss of momentum, PHILPS plans to cut 4500 employees worldwide, including in Holland, a total of 1400 employees.

In the last quarter of 2011, PHILPS lost 162 million euros ($213 million) as a result of the shrinking market and weak television business. In the first three months of this year, the company gained a net profit of $248 million ($326 million), an increase of more than 137 million ($180 million) over the same period last year.

CREE reported revenue growth of 30% over the same period last year

In Durham, North Carolina (Durham, NC) of the CREE company (NASDAQ: CREE) announced that as of March 25, 2012, the company received $284 million 800 thousand in revenue in the third quarter of fiscal year 2012. That means an increase of 30% compared to $2011 in the third quarter of fiscal year 219 million 200 thousand. But compared with the second quarter of fiscal year 2012 fell by 6%.

CREE's net income in the third quarter (according to the GAPP calculation) to $9 million 500 thousand (or $0.08 per share after the equally), and 2011 in the third quarter of fiscal year $18 million 900 thousand (or $0.17 per share after share) compared to a decrease of 50%. On a non GAAP basis, net income for the third quarter of fiscal year 2012 of $23 million 300 thousand (or $0.20 per share after the equally), and 2011 in the third quarter of fiscal year $30 million 100 thousand (or $0.27 per share after share) compared to a decrease of 22%.

CREE chairman and CEO Chuck Swoboda (Chuck Swoboda) said: "the third quarter results are consistent with our expectations, in addition, the factory and the efficient execution of tax revenue offset slightly lower than expected revenue range. Although there is still a limited number of orders is expected, but the number of orders we have orders or far more than the last quarter over the same period, the second quarter was more than in LED lighting, LED devices, power devices and RF business. We are now in a very favorable position, and will continue to lead the LED lighting revolution and promote the growth of our business. "

In the fourth quarter of fiscal year (as of June 24, 2012), CREE plans to complete the $295 million to $315 million revenue target, GAAP gross profit target set at $2 million 500 thousand, including $35% in stock compensation costs.

Parker research is expected to LED lighting industry in the Asia Pacific Development

Located in Boulder, Colorado (Boulder, CO) market research company Packard research firm recently released report, in most of the Asia Pacific region, the government invested a lot of money to buy the LED lighting and lighting, creating a rich business opportunities. The company expects sales of LED lighting products in the next ten years will be a rapid increase in 2015 after a sharp acceleration. Shipments, including lamps, will rise from 660 thousand in 2011 to $5 million 420 thousand in 2021, an increase of more than 700%.

Lighting energy saving technology in the Asia Pacific region is the leader in Japan, it is in the plan more than and 10 years ago by light in twenty-first Century to lead the LED lighting industry, in addition to China Taiwan, it has set up the next generation of light source technology development and supply industry as a national industry, reduce it in the semiconductor industry over investment.

Mentioned in the report "in the Asia Pacific region's energy efficient lighting" describes the key technology and market development trend of LED in use, promote the use of energy-efficient lighting in the Asia Pacific region to develop LED and other efficient lighting industry. The report analyzes policy issues, market trends and competitive landscape.