Royal Philips Lighting finally sold its 80.1% stake in Lumileds for US $2 billion to Apollo Global Management, retaining only a 19.9% stake in its former LED component business.Will Lumileds sale result in a new owner of CSP LED technology? As a “senior stalker” of CSP LEDs, a stroll down the memory lane indicates the technology was launched by Lumileds nearly a decade ago, leading international players control the key technologies. However, Chinese manufacturers have also taken off in recent years.