Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, continued to extend its industry-leading IP portfolio with a record year for submissions in 2022, placing in the top 10 European-headquartered companies, first in the lighting industry, and climbing to 22nd worldwide in the European Patent Office (EPO) rankings.
Signify's patent applications break new ground in sustainable innovations, including energy-efficient light sources and smart lighting systems for professionals, consumers, and municipalities. The patents filed in 2022 reflect the company's long-term commitment to many dimensions of sustainability including horticultural lighting to protect food availability, circular production including 3D printing, and light that optimizes people's health and well-being.
Signify has expanded the impact of its innovations through its pioneering EnabLED licensing program. Through the program, more than 1,500 companies can now access over 5,000 of Signify's patents and incorporate leading energy-efficient LED technologies into their own products.
About the EPO
The European Patent Office (EPO) is one of the largest public service institutions in Europe. Headquartered in Munich with offices in Berlin, Brussels, The Hague and Vienna, the EPO was founded with the aim of strengthening co-operation on patents in Europe. Through the EPO's centralised patent granting procedure, inventors are able to obtain high-quality patent protection in up to 44 countries, covering a market of some 700 million people. The EPO is also the world's leading authority in patent information and patent searching.
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. In 2022, we had sales of EUR 7.5 billion, approximately 35,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in our operations in 2020, have been in the Dow Jones Sustainability World Index since our IPO for six consecutive years and were named Industry Leader in 2017, 2018 and 2019. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.