Royal Philips NV is set to unveil a new light Thursday that it claims will replace the fluorescent tube lamps that are common in many offices around the world.
In an interview with The Associated Press ahead of the unveiling of the new lamp Thursday, Rene van Schooten, a top executive at the company, said the lamp will save energy and money as well as cut pollution.
The prototype is headed to mass production and should hit the market in 2015, he said.
The new lamp is an LED light interchangeable with the best fluorescents currently on the market — but taking only half the energy.
As the largest maker of lights by sales globally, Philip’s claims command attention. Philips lighting sales in 2012 amounted to 8.4 billion euros ($11 billion) in a total global market that consulting firm McKinsey puts at 70 billion euros.
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