It is reported that Philips Automotive Lighting Division supplies automotive lamps to customers such as Volkswagen, Audi and BMW. The total revenue of LED and automotive lighting business in 2013 was about 1.4 billion euros (about 11.9 billion yuan), accounting for the total revenue of Philips lighting business. 17. Philips said that after the merger of the new company, its lighting division The key customers of the new company will remain, but Philips will look for third-party investors and will not rule out the possibility of becoming a minority shareholder in the new company. He Zaihua, a senior researcher at China Investment Consulting, told the Daily Economic News that the current LED industry is highly competitive. Philips can reduce the average cost by expanding production scale, and introducing third-party investors can provide more funds for the company to expand production lines. . It is understood that the merger is expected to be completed in the first half of 2015, the new company will be led by LumiledsLED current CEO PierreYvesLesaicherre, Philips is expected to spend about 30 million euros for this cost. However, Philips did not announce the valuation of the new company. Whether the value of Philips will increase the business spin-off, He Zaihua said that Philips CEO Wan Hao Dun said that he plans to reach the target of 4~6 annual revenue growth rate and 11~12 interest rate in 2016. The company's value will reach around 2 billion euros. Philips' previous earnings report showed that its first quarter 2014 sales were 5.02 billion euros, down 4.5 last year; net profit was 137 million euros, down 15 years. Philips can better introduce investment partners through the spin-off business, but it will not Linked to other competitive businesses of the company, it is easier for the company to manage and the property rights are more clear. He Zaihua pointed out that both OSRAM and Philips have separated the business from the group. The purpose is to fight the scale and cost of the LED business and better resist market risks. With the launch of Samsung's new series of 9 LED TVs in the 6000/7000/8000 series, Sharp also listed three products of the LE700A, which are mainly LEDs. The Sony ZX1 series is smashed with its 9.9mm ultra-thin. people's attention. A time of the LED TV has become a topic of recent industry in addition to black LCD panel prices the most talked about, like every new product secular, these LED TVs are valuable. More expensive than ordinary LCD TVs nearly doubled expensive LED LED been criticized most attractive of its ultra-thin body, in addition to the Sony ZX1 less than 1 cm, Samsung's new listings this year 6000/7000/8000 series have extreme ultra-thin body, the thinnest only 2.99 cm. Compared to normal LCD TV of about 7,8 cm tall worthy eye-catching, however, these LED TVs in addition to Hisense TLM42T08GP, other quotes were about 10,003 yuan, even the 40-inch Samsung UA40B7000WF are 10006 About a thousand dollars.