Monday, February 24, 2014

Epic Research Singapore : Philips and Ericsson News Update

Royal Philips N.V. (PHIA.AE) and Ericsson ERIC +0.32% will team up to develop street lighting that combines LED lighting with mobile broadband connectivity in a move designed to capitalize on rapidly growing city populations and an increasing demand for mobile data traffic and energy-efficient lighting. 

Mobile network operators will be able to improve data coverage for citizens, said Ericsson President and Chief Executive Hans Vestberg.


The product, which was trialed last year, will be presented at the Mobile World Congress in Barcelona, which starts later Monday. 

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