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November 27, 2015 11:33 AM ET

Electrical Equipment

Company Overview of Philips LumiLeds Lighting Company LLC

Company Overview

Philips LumiLeds Lighting Company LLC develops and and manufactures high-power light emitting diodes (LEDs) and solid-state lighting solutions in the United States. It offers red, amber, blue, green, and white light emitting diodes; light emitting diodes dies; and packaged light emitting diodes. The company also provides mid-power light emitting diodes, light emitting diodes assemblies for exterior applications, and light emitting diode die materials; and LUXEON Rebel LEDs with correlated color temperature for indoor illumination applications in hotels, shops, restaurants, and homes, as well as LUXEON Rebel ES product line for outdoor lighting applications. Its products are used in automotiv...

370 West Trimble Road

San Jose, CA 95131

United States

Founded in 1999





Key Executives for Philips LumiLeds Lighting Company LLC

Chief Executive Officer
Executive Vice President of Worldwide Operations
Age: 46
Chief Technology Officer
Vice President of Marketing
Solid State Lighting Fellow
Compensation as of Fiscal Year 2015.

Philips LumiLeds Lighting Company LLC Key Developments

Lumileds Announces Board Changes

GO Scale Capital has announced that it will acquire an 80.1% interest in Philips' combined LED components and Automotive lighting business, with Philips retaining the remaining 19.9% interest. The transaction values the business at an enterprise value of approximately USD 3.3 billion. The transaction is expected to be completed in the third quarter of 2015, subject to closing conditions, including customary regulatory approvals. Following the transaction, the new company will continue under the name Lumileds, led by CEO Pierre-Yves Lesaicherre. Philips will remain an important customer of Lumileds and will continue the existing innovation and supply partnership. The transaction includes the transfer of a broad patent portfolio of more than 600 patent families related to LED manufacturing and automotive lighting from Philips to Lumileds. Sonny Wu, co-founder and managing director of GSR Ventures and chairman of GO Scale Capital, who will serve as interim Chairman of Lumileds following the completion of the transaction.

Lumileds Appoints Sonny Wu as Interim Chairman

Sonny Wu, co-founder and managing director of GSR Ventures and chairman of GO Scale Capital, who will serve as interim chairman of Lumileds following the completion of the transaction.

Lattice Power CEO Denies Acquiring Philips Lumileds

Min Wang, LatticePower Corporation Chief Executive Officer, has vehemently denied a Reuters report suggesting LatticePower was on its way of Philips LumiLeds Lighting Company LLC.

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