Philips Lumileds today announced that it shipped its billionth LUXEON power LED in the 2nd quarter of 2010. The company's capacity and infrastructure investments over the last several years have enabled it to meet customer needs for high volumes of products, with the company delivering over 750 million LUXEON power LEDs in the past two years to automotive, illumination and consumer electronics customers. Just ten years after ushering in a new era in lighting, the company finds that a decade of innovation, technology, and lighting leadership has positioned it well to support customers' development and introduction of new lighting solutions.

"This isn't just a milestone for the company but for the entire industry," said Michael Holt, CEO. "When we started, the idea that Lumileds could change the nature of lighting with power LEDs was greeted by many industry insiders with skepticism. Today, they and others have followed us as competitors into an industry that is driving energy efficient lighting applications and new ways of lighting the places where we live, work, and play."

From the start, Lumileds was clear that its mission was to enable a new world of light through the application of power LEDs. Prior to Lumileds invention of the power LED -- a light emitting diode designed to operate at a current of 350 milliamps or higher -- LEDs typically produced only a lumen or two. Today, LUXEON power LEDs can generate hundreds and are being used to light everything from LED light bulbs to streetlights to car headlamps and LCD displays.