which allows Edison Opto to maintain its leading position in the global lighting market

In recent years, the issues of global warming and energy efficiency have led major consumer markets in the lighting industry, such as Europe, the United States, Japan, and China, to implement national policies phasing out the use of incandescent light bulbs. This has heated up the market for LED lighting products, and encouraged continuous product innovation. As one of the world’s leading producers of LED products, Taiwan and its various domestic industries have been active in expanding the LED industry, enabling Taiwan to become the most important base for the production of LED lighting, as well as wafers and semiconductor components. Apart from efficiency and competitiveness, the importance of product safety responsibility in lighting production cannot be overlooked. Businesses that are either already a part of the industry chain or looking to enter the industry must pay due attention to LED performance and safety, in order to achieve comprehensive and lasting competitiveness in the market.

Edison Opto states that it has long been focusing on the innovation and development of LED lighting products, continuously elevating technological capability and production capacity. The certifications in product safety and performance will enable Edison Opto to reduce time spent on R&D and dive into the international market. Additionally, Edison Opto will be able to utilize UL’s certification network around the world and extensive knowledge on safety standards to expand services globally to the various fields of lighting applications, combining innovation with the advantages of validation by renowned agencies around the world. Edison Opto has the advantage of rapid validation of the company’s internal testing laboratory, which allows Edison Opto to maintain its leading position in the global lighting market.

UL is a globally renowned safety science company with more than a century of expertise. It has locations in over 100 countries around the globe, employing almost ten thousand professionals. UL serves five key business units: Product Safety, Environment, Life & Health, Verification Services and Knowledge Services, through which it strives to further development in the safety sector, as well as to satisfy both customers and the public’s continuously increasing demand for safe products.

Our multi-year change and performance improvement program Accelerate! continues to make good progress. Philips employees across the globe are becoming more entrepreneurial, resulting in stronger growth for the company, an encouraging sign in a weak global economy. We continued to extend the number of LEAN End-to-End transformations in the last quarter, paving the way for a simplified and more efficient future IT platform. Additionally, we started a program to improve procurement effectiveness and see significant opportunities to reduce the cost of goods and improve gross margins in 2013 and beyond.

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