Following Osram spin-off of Siemens (Siemens) separate listing, another lighting giant Royal Philips (Philips) also on September 23 announced that it will establish a new lighting business spin-off company, and before that Philips has to July this year's packaging Division Lumileds LED automotive lighting division and integrate into a new independent company. Trend Force's green energy research division LED inside said, Philips has the world's first lighting lighting market brands and the highest market share and profitability in recent years, however, did not match its leadership position, industry environment in the face of excessive competition in different circumstances, EBITA long-term is 10% or less, particularly challenging to Asia. Asian companies have a lower cost and higher efficiency advantage in the electronics and semiconductor industry on its head, when the traditional lighting gradually being replaced by LED lighting, is gradually eroded the competitiveness of Philips Lighting, forcing big action spin-off of Philips Lighting , adjusting the organizational structure and actively fight. Lighting industry will face a massive influx transfer. Philips Group has 113,000 employees worldwide, is too large bureaucratic organizational structure caused by the effect, offsetting the benefits of economies of scale. Siemens Osram After independence, has launched a large-scale layoffs, layoffs over the past year, tens of thousands of people, and Philips spin-off is likely to start after the same layoff process. According to Philips, said the new company after the spin-off will be in the next year to save the cost of 100 million euros, and in 2016 a further cost savings of 200 million euros, which means that the lighting industry will face a new wave of talent transfer trend. Asian behalf of the business will have the opportunity to become shareholders of Philips Lighting's stand .Philips Lumileds Lighting and independence from the group, will not rule out a separate listing, the introduction of other shareholders through public financing, will help reduce the risk of the Philips Group, while two of the world's leading independent companies will have more autonomy decision-making mechanisms to respond to rapidly changing market. On the other hand, investment in LED lighting field for many Asian manufacturers, Philips has long been a foundry or component suppliers, and even competitors pathway lighting, Philips released once the shares, these Asian foundries or competitors will have the opportunity to become shareholders stand to share the results of Philips accumulated for many years. As for the LED industry is most concerned about the future of Philips Lighting's supply chain will change, LED inside think there will not be much change in the short term. Since last year the initiative has moved LED purchasing decisions from Philips Lumileds Lighting, Lumileds listing plan in advance to prepare for, and therefore the listing before purchasing decisions in the short term Lumileds LED supply chain will not be much change. Taiwan and China is currently the first-line manufacturers are Lumileds LED OEM supply chain, and Philips Lumileds Lighting once separate listing, new shareholders entered will generate a new wave of the future supply chain shuffling.