Philips' Bright Future for LightbulbsKerry Capell
In the 19th century, Dutch consumer electronics giant Philips (PHG) made its name as one of the first manufacturers of lightbulbs. Almost 120 years later, new lighting technologies and increased global demand for energy-efficient goods is offering a unique opportunity for growth. And Philips, the world's biggest lighting company with $10 billion in annual sales, is at the forefront of what Philips Lighting CEO Rudy Provoost calls "the most profound change the industry has witnessed since the invention of the electric light."
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