Philips Lumileds and Future Electronics Extend Worldwide Exclusive Distribution Agreement
Philips Lumileds and Future Electronics have announced the extension of their exclusive worldwide distribution relationship. The companies signed a new five-year agreement in which Future Electronics would continue to be the exclusive worldwide distributor of Philips Lumileds’ Luxeon LEDs and LED-based products. The agreement builds on the decade long relationship between the two companies.
“Our exclusive partnership with Philips Lumileds has provided our customers with access to the world’s leading portfolio of LEDs for illumination-Luxeon. Our investment in resources, training, design tools, and best-in-class supply chain capabilities has enabled us to become the service leader in the solid-state lighting industry,” said Jamie Singerman, Corporate Vice-President, Future Lighting Solutions.
“Future Lighting Solutions has proven over the last decade that with Luxeon LEDs, highly trained LED solution engineers, and the core services of a global solutions provider, they are well positioned to support and enable the growing number of companies that want to enter the solid-state lighting industry,” said Steve Barlow, Sr. Vice President of Sales and Marketing at Philips Lumileds.