Philips Lighting and Xiaomi opened the company, both sides have to make a big move in smart home

Recently, @飞利浦家居照明 announced on Weibo that Philips Lighting has signed a cooperation agreement with Xiaomi to form a new joint venture company, and the two parties will jointly promote the development of smart home lighting in China.

It is reported that the new company Philips Lighting holds 70% of the shares, and Xiaomi holds 30% of the shares. It will focus on designing and developing smart and interconnected LED lighting products for Xiaomi's home ecosystem, and implementing APP's smart lighting in Android and Apple smartphones. control.

Philips Lighting's business covers the entire lighting industry chain, and the company's technology and innovation capabilities are leading the world. In recent years, under the trend of intelligence, Philips Lighting has also actively cooperated with technology companies such as Apple and Amazon to cut into the field of intelligent lighting.

Philips Lighting and Xiaomi opened the company, both sides have to make a big move in smart home

China's smart home is still in its infancy, but its market potential is amazing. According to the industry, the size of China's smart home market is more than 200 billion yuan in 2014, and by 2018 this market can reach more than 600 billion yuan. Under this “living”, Philips Lighting will naturally not miss the Chinese market.

Xiaomi is the best partner of Philips Lighting in China. Under the gradual decline of the smart phone market, Xiaomi is looking for a new way out, and smart home is one of the directions. Recently, Xiaomi's eco-chain company has successively launched smart rice cookers, smart electric kettles, smart table lamps, air-conditioning companions, sweeping robots and other products, and its ambitions in the field of smart homes are constantly highlighting.

The industry believes that the cooperation between the two parties is expected to promote the rapid spread of smart home lighting in China due to the advantages of the category and product quantity that Xiaomi has accumulated in the smart home field and the advanced technology mastered by Philips Lighting.

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