Signify N.V.
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- Signify N.V., a Dutch multinational, provides a comprehensive portfolio of lighting products, advanced systems, and associated services to customers across Europe, the Americas, and international regions. The company structures its business around four key segments: Professional, Consumer, OEM, and Conventional lighting. It develops and supplies state-of-the-art light-emitting diode (LED) and traditional luminaires, along with integrated connected lighting systems, designed for a wide range of applications including offices, retail establishments, hospitality venues, industrial operations, agricultural environments, and outdoor public spaces. The company's offerings include a diverse range of LED lamps such as spots, bulbs, and tubes, distributed through both professional and consumer channels, notably under its Philips, Philips Hue, and WiZ brands. Signify also provides LED electronic components, including drivers and modules, to original equipment manufacturers (OEMs) for use in professional luminaire applications across retail, office, industrial, and outdoor segments. As a leader in connected lighting for the Internet of Things (IoT), the company has steadily grown its installed base of smart light points, reaching 160 million by the third quarter of 2025. In addition to its digital focus, Signify continues to produce and market lamps based on non-LED technologies, encompassing high-intensity discharge lamps, fluorescent, compact fluorescent, halogen, incandescent, and specialized lighting products for both residential and professional uses. The enterprise, which originated in 1891 and changed its name from Philips Lighting N.V. in May 2018, is headquartered in Eindhoven, the Netherlands. Recent strategic moves include a significant organizational realignment in 2024 and a substantial cost reduction initiative. Signify is committed to innovation and sustainability, with goals to achieve carbon-neutral operations and derive a majority of its revenue from environmentally conscious products by 2025.
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