Lighting Lighting NewsPhilips Revalue Lumileds, Will Cut WorkforceFebruary 10, 20091 minute read Philips has halved the valuation of their Lumileds subsidiary, blaming the global economic downturn and an uncertain outlook for its LED products. To access this post, you must register DVN Lighting Gold Membership. Total 0 Shares Share 0 Tweet 0 Related TopicsFebruary 2009OEM Tier 2and 3