A global lighting issue
Navigating through market fluctuations
Rare Earth Oxides (REOs) phosphors are a critical component of fluorescent based lighting systems. The global shortage of these materials is currently having a direct impact on phosphor availability and pricing.
Linear fluorescent (TL), Compact Fluorescent Non-Integrated (CFLni) and Compact Fluorescent Integrated (CFLi) phosphors are all experiencing unprecedented shortages in global supply.
 As a result of REO shortages, the cost is increasing and is having a direct impact on a global and industry wide scale. Experts predict that these shortages will continue through 2014 until new sources of supply will be able to ease the current situation.
With manufacturing costs on the rise, Philips is forced to implement pricing actions on all Fluorescent based lighting products. Philips is committed to implementing key cost cutting programs, so that we remain competitive in the market space.
How does this affect you?
- Expert opinions vary; however, market conditions will remain unstable for the near future
- Philips Lighting aims to remain very competitive in the market, but fluorescent based lighting products will have continued price fluctuations
- Philips Lighting is committed to:
— Sound supply chain practices on a global scale in order to secure materials
— Keeping you updated and informed on all market conditions and changes - Philips Lighting highly values you, our customer, and appreciates your patience as we together work through these market conditions
Please stay in contact with your local Philips Lighting Account Manager for any questions and updates.
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