On November 28th, Philips held a grand opening ceremony in its factory in Malu Town, Shanghai, announcing that the original Philips Yaming Lighting Co., Ltd. (Feiya Lighting) was officially renamed as Philips Electronic Technology (Shanghai) Co., Ltd.; The research and development and production of the high-intensity gas discharge lamp (HID) that is responsible will also be vested in Philips Electronics Technology (Shanghai) Co., Ltd.
Founded in 1994, Feiya Lighting is a joint venture between Philips and Shanghai Yaming Bulb Factory. In 2011, based on the respective development intentions of both parties, Philips completed the acquisition of the equity of Yaming, and Feiya Lighting officially became the sole proprietorship of Philips. The rebranding marks the further extension and enhancement of Philips HID products' R&D and manufacturing capabilities in China.
Founded in 1994, Feiya Lighting is a joint venture between Philips and Shanghai Yaming Bulb Factory. In 2011, based on the respective development intentions of both parties, Philips completed the acquisition of the equity of Yaming, and Feiya Lighting officially became the sole proprietorship of Philips. The rebranding marks the further extension and enhancement of Philips HID products' R&D and manufacturing capabilities in China.
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