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Philip's Sees Bright Future In Singapore

Royal Philips Electronics said Tuesday it will invest in a high-power LED production facility in Singapore.

Royal Philips Electronics said Tuesday it will invest in a high-power LED production facility in Singapore.

Initial production is expected to start in the first quarter of 2007, ramping up to double Philips’ total power LED production capacity by the end of 2007.

The plant will be a high-volume production facility for the Luxeon range of LEDs, employing about 900 people at full capacity. The power LED market has an expected annual growth of 25 percent over the coming years.

Although a niche solution for general lighting markets in the past, the creation of white-light LEDs a few years ago has increased the technology’s potential in the mass market.