Signify released the company’s business performance result for the second quarter and first half of 2018. The highlights are as follows: 

The LED lighting technology development has brought people even closer to nature. Signify, the Dutch lighting giant previously known as Philips, has provided Puerto de la Cruz, a city on the north coast of Tenerife, Canary Islands, with its smart street lightings which use special optics to decrease light spillage that intervene sky observation.

According to the research of LEDinside, the market scale of LED plant lighting is estimated to grow to US$ 633 million by 2022, with a CAGR of 30% during 2018-2022. Many LED producers have entered the market of horticulture lighting to share the expanding opportunities when the demands in the general lighting market are relatively weak. LEDinside has collected the updates of horticultural applications from LED firms of the world. 

LED lighting is widely known for its features of energy saving, long life and sustainability, making it perfect for city lighting. Communities around the world have chosen to install LED lights to save cost and to increase the well-being of people.

Signify launched the Philips MyCare LED bulb which adopts its Interlaced Optics technology to enhance eye comfort. The patented technology used in the new lamps was inspired by the pattern of sunflower seeds, with the micro Interlaced Optics imprinted onto lamps. The design can diffuse and reflect light as well as decrease glare by up to 35%. 

By topping up with technologies, events, live shows and art performances increase the diversity in production and present more and more unique experiences for the audience. LED technology is certainly one of the major applications in the entertainment industry, lighting and LED firms has built up relationships with event production companies or performance venues.

The 2018 World Cup is coming in two days and fans from all over the world are getting ready for exciting matches taking places in Russia. Among the 12 stadiums used as venues for games, Signify has lit up 10 of them including Luzhniki (Moscow), Krestovsky Stadium (Saint Petersburg), Fisht (Sochi), Ekaterinburg Arena (Yekaterinburg), as well as soccer stadiums in Kazan, Rostov-on-Don, Kaliningrad, Nizhny Novgorod, Volgograd and Samara.

Signify, formerly known as Philips, announced the expansion of LED horticultural lighting installation with Agro-Inwest, Russia’s rapidly growing innovative company cultivating fresh vegetables. The greenhouses using LED lighting for growing tomatoes will reach the size of 68.5 hectares, equivalent to 100 soccer pitches. 

Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has reached the 900th member milestone for its EnabLED Licensing Program for LED luminaires and retrofit bulbs in May. This latest milestone underlines the company's commitment to research and development and innovation in the latest energy efficient LED technologies.

Signify announced it will light up over 90 schools around the world through its 'Light for Better Learning' campaign in celebration of UNESCO's first International Day of Light. Through this campaign the Signify Foundation improves learning opportunities for young people in on- and off-grid communities by providing lighting to schools and workshops on energy efficiency and climate change.

Philips Lighting today announced that the Annual General Meeting of Shareholders (AGM) adopted the proposal to amend the articles of association of the company to change its name from Philips Lighting N.V. to Signify N.V.

Philips Lighting finally made an announcement about the name change. It intends to change its name from Philips Lighting to Signify. The choice of the new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning.