Over 125 years of history have positioned Philips Lighting as a pioneer in transforming the lighting industry. From its early days, the company has consistently led innovation and embraced technological advancements that have reshaped how we illuminate our world.
In 1891, at the dawn of the second industrial revolution, the Philips brothers, Gerard and Frederik, opened a factory in Eindhoven, Netherlands, where incandescent lamps and power technology began to change the way people lived and worked. This marked the beginning of a long journey of innovation and leadership.
Throughout the 20th century, Philips became the leading manufacturer of light bulbs in Europe, setting the standard for quality and performance. As the decades passed, the company continued to evolve, entering the LED market in the 1990s and quickly becoming a global leader in energy-efficient lighting solutions.
With the arrival of the 21st century, Philips Lighting shifted its focus toward smart connected systems and services, embracing the Internet of Things (IoT) to create more intelligent and responsive lighting environments. Today, the company is at the forefront of smart lighting, offering integrated solutions that enhance both efficiency and user experience.
Philips Lighting now operates across the entire lighting value chain, from light sources to luminaires, control systems, and full-scale lighting solutions. With over 14,000 patents and three R&D centers around the world, the company continues to drive innovation and maintain its position as a global leader.
The Chinese market has become one of the most important regions for Philips Lighting. As China’s consumer market grows rapidly, the company has significantly increased its investment in the region. For instance, it established the second-largest R&D center in Shanghai, demonstrating its long-term commitment to the country. In Chengdu, the company also set up an advanced LED application center and the largest professional lighting production base in western China, further supporting the development of smart lighting across the nation.
On May 27, 2016, Philips Lighting was listed on the Euronext Amsterdam stock exchange. The following year, the company reported sales of €6.965 billion, with a 19% increase in LED-related sales, which accounted for 65% of total revenue. This success reinforced the company's strategic shift toward smart and connected lighting solutions.
In March 2018, Philips Lighting announced a major rebranding: it would rename itself Signify, with the stock ticker symbol “LIGHT.†The new name reflects the evolving role of light in the digital age, where it serves as a smart language for communication and information transmission.
Eric Rondolat, then CEO of Philips Lighting, stated that the name change was not just about branding—it was a reflection of the company’s vision and a way to unify its global team. While the Philips brand will still be used for products, the new identity aims to strengthen the company’s position in the smart lighting market.
At the Frankfurt Light + Building exhibition, Signify made its debut, showcasing the future of lighting through real-world applications in cities, retail spaces, offices, and homes. The booth featured a green color scheme and highlighted the idea that light is more than just illumination—it’s a tool for connection and communication.
Although the Chinese name for Signify has not yet been officially announced, the legal name change is expected to take place after several months of preparation. During this time, the company will continue to operate under the Philips brand while gradually transitioning to its new identity.
With over a century of experience and a strong global presence, Signify remains committed to shaping the future of lighting—making it smarter, more connected, and more sustainable for all.
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