Philips Lumileds, a company under Koninklijke Philips Electronics N.V. (PHG) and Agilent Technologies, announced the launch of its latest mid-power Light Emitting Diodes (LEDs), called SignalSure, to be used in automotive signaling purpose. The new surface mount LED is available in red-orange and amber colors.

Philips Lumileds’ latest LED is designed to be strongest and most dependable surface mount LED, presently used in the automobile industry. The new device is efficient enough to meet the high standards of Multi Environment Overstress Testing (MEOST) system.

This is the latest addition to the company’s portfolio of SnapLED and SuperFlux LEDs, expanding the existing product offering. SignalSure is expected to be readily used in various applications requiring thin, and low profile designs. It can be efficiently used in center stop, side-marker, tail, mirror turn, rear fog, and motorcycle signaling.

Philips Lumileds Lighting Company is the world’s leading producer of high-power LEDs and has expertise in the use of solid-state lighting solutions for everyday purposes including automotive lighting, computer displays, LCD televisions, signage and signaling and general lighting.

Headquartered in Amsterdam, The Netherlands, Koninklijke Philips Electronics N.V. is one of the world’s largest electronics companies.

Philips Electronics continues to restructure its product portfolio to better focus on the healthcare, lighting and lifestyle markets and is in progress with several acquisitions and divestments in the most recent quarter, which bodes well for the company going forward. The company’s continued ability to increase cash flow through higher earnings, partially offset by lower inflow from working capital, has helped to sustain investments in growth initiatives while maintaining a strong balance sheet.

Philips’ global presence exposes the company to regional and local regulatory rules, which may interfere with the realization of business opportunities and investments in countries in which it operates. Philips’ overall performance in the coming years depends on realizing its growth ambitions in the emerging markets.

Philips Electronics currently has a Zacks #5 Rank (short-term Strong Sell recommendation).

 
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