PHILPS lighting "solo" after the point where?

According to the Oriental entrepreneur reported that the entire lighting industry, is currently in the process of change, this is just a microcosm of the spin off LED industry. LED changes are coerced to many enterprises for the foreseeable future.

PHILPS lighting is solo from PHILPS group "".

Back in September 23rd of last year, Holland Royal PHILPS group announced that the group to spin off for health technology and lighting two companies, and share PHILPS brand.

PHILPS CEO 000 haodon (Frans van Houten) said in a telephone conference: "the opportunity is very suitable for PHILPS to make strategic measures for the next step. "

So, what's the time?

As you can see, before another global lighting brand OSRAM has independent spin off from SIEMENS and PHILPS in July last year, has its business is not the leading cause of the Lumileds LED package and automotive lighting division split out to integrate into a new independent company.

On the face of it, more like the industry heavyweights on the lighting business for independent packaging, giving the lighting industry ranked first PHILPS lighting to pressure. The business sector and the group's spin off as well as PHILPS lighting itself stripped of all the shackles, to get a rhythm. This global lighting giant "solo".

Lighting business logic solo

To be sure, the huge PHILPS spin time span will be very long. The day before, PHILPS lighting CEO Hong Anli an interview simply responded that the spin off plan in the world for 12 to 18 months.

The entire lighting industry, is currently in the process of change, this is just a microcosm of the spin off LED industry. LED changes are coerced to many enterprises for the foreseeable future. The next battlefield and the future, the most likely is the era of intelligent internet. PHILPS lighting in the context of the spin on the growth rate of the LED market, in order to stimulate the company's profit growth.

PHILPS 2014 annual and fourth quarter earnings display content, PHILPS fourth quarter sales of 6 billion 500 million euros (about 44 billion 964 million yuan), earnings of 743 million euros (about 5 billion 238 million yuan), (excluding Lumileds lighting and automotive lighting business after the merger) profit 178 million euros (equivalent to 1 billion 231 million yuan), compared to the same period last year LED sales fell 3%, based on the growth of 20%, but by the traditional lighting sales fell 14% to offset the decline in the overall. While LED's current sales accounted for 37% of total lighting sales, compared to the 2013 quarter of fourth was $31%;

This shows that the LED business is approaching the expected value of PHILPS's 2015 sales ratio of 50%.

PHILPS said the annual operating income of only 21 billion 400 million euros (equivalent to about RMB 148 billion 35 million yuan), down by 3%, profit of $1 billion 200 million (equivalent to about RMB 8 billion 301 million yuan), down by 65%. Among them, the decline in the performance of the health care sector, lighting sales growth. 2014 full year lighting sales of 6 billion 900 million euros (equivalent to about RMB 48 billion 800 million yuan).

Research firm LEDinside report pointed out that large enterprises in the enjoyment of economies of scale, but also had to bear the size of the economy is too large to bring the scale. PHILPS group has 113 thousand employees worldwide, in recent years, too bloated organization criticized. The bureaucratic effects caused by too many levels of structure offset the benefits of economies of scale.

The business of lighting and health care business spin correlation smaller into two parts, the two companies are greatly reduced, will significantly reduce the organizational level, improve decision-making efficiency, more flexibility in dealing with more complex market. PHILPS also said that after the spin off of the new company in the next year for the company to save 100 million euros (equivalent to about RMB 690 million yuan) cost, and in 2016 to further save the company cost of 200 million euros.

PHILPS has the world's first lighting brand lighting market and the highest market share. However, profitability in recent years did not reflect the status of the industry, EBITA long-term hovering below 10%, to explore the reasons, the lighting market many participants, the fierce competition is on the one hand, on the other hand due to the lack of need to group company incentive mechanism, leading to the company into a bureaucratic effect, the relative lack of initiative, the lack of grasp of the market opportunities sensitivity.

This time it was million of market opportunities have a keen grasp the good time, he is called, LED lighting change opportunity comes, namely "intelligent lighting" era. The digital age LED technology just to catch up with the change of life, with the development of the Internet, improve networking, the development of mobile phone intelligent terminal technology, all kinds of digital life to promote, opened a good space, but also to the lighting business has brought great imagination.

June 2014, PHILPS lighting first proposed the concept of intelligent interconnection lighting, and change the company to sell a single product for the direction of intelligent interconnection solutions. The lighting independent companies will be conducive to the progress of this product innovation, so that the company's business is more rapid development, the industry is developing rapidly, independent decision-making, independent operations for PHILPS lighting is in urgent need of.

Insiders pointed out: PHILPS lighting in the context of the split, intelligent lighting system can be rapid development. Otherwise, the three division to see a unified statement, look at a