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Digitimes Research: Philips to invest EUR2 billion in green products

Fang Lin, DIGITIMES Research, Taipei 0

Third-quarter 2011 revenues of the lighting business unit in Philips were EUR1.886 billion (US$2.4 billion), a 8.1% increase on quarter and 32% on year. Sales from LED lighting accounted for 16% of total third-quarter 2011 revenues.

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