He also disclosed that the company has released a number of indoor lighting applications

Recently, at an international building-materials trade show held in Taipei, the company promoted its iF-awarded and Red Dot-awarded LED residential lighting products as well as LED intelligent lighting control system.

In Po’s opinion, the intelligent control system is one of the crucial developments in the LED lighting industry, providing residences, marketplaces and commercial sites with energy-saving and light-color changing merits, not to mention quality lighting environment.

He also disclosed that the company has released a number of indoor lighting applications and solutions in hope of building a quality living environment for Taiwan’s residents in cooperation with homebuilders, architects, and indoor-decoration designers.

According to Philips Taiwan executives, in light of increasing popularity of LED bulbs among consumers , the company has begun briskly promoting 6W, 9W and 12W bulbs, with 9W lamp declining to NT$369  in end-user price. Its 12W bulb has won U.S. Energy Star label and iF Design Award, maxing out at 825 lumens. Its 6.5W bulb is a replacement for 50W halogen lamp, popular among residential-decoration designers and showcase providers.

Our outlook reflects the soft market conditions and very tight lending environment in the solar and LED industries that we serve, as well as the overall challenging macroeconomic environment. We have taken actions to size our business in accordance with the environment and expect to remain profitable in CY13,” said Tom Gutierrez, president and chief executive officer. “While current market conditions are unlikely to improve over the next twelve months, we remain confident about our long term future and we expect to exit this downturn as a stronger more diversified company with market leading positions in several growth industries.