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6 September 2006


Philips to double power LED production with Singapore plant

Lighting manufacturer Royal Philips Electronics, which spent $950m to buy out Agilent Technologies' share of its San Jose-based LED-making joint venture Lumileds Lighting in 2005, says it will invest about $80m in setting up a high-volume fabrication plant in Singapore to produce its LUXEON range of high-power LED chips.

The LEDs are used in city beautification lighting, LCD displays, camera flash for mobile phones, automotive applications and various other applications. Initial production should start in Q1/2007, ramping up to
double Philips' total power LED production capacity by the end of 2007, employing about 900.

Philips Lighting CEO and Philips' board member Theo van Deursen said: "This investment will not only double the production capacity of our power LEDs in the next year and strengthen our number one position in this field, it will
also significantly increase efficiency."

Philips Lighting is focusing on the power LED market, which has expected annual growth of 25% over the coming years. Philips claims that the long-lasting LUXEON range of power LEDs matches the brightness of conventional light sources and, for the first time, makes it possible to replace incandescent, halogen and fluorescent bulbs in many products with smaller, longer-lasting and more energy efficient LEDs.

Visit: http://www.philipslumileds.com