Consumer Quote by Frans van Houten
“Lumileds is a highly successful supplier of lighting components to the general illumination, automotive, and consumer electronics markets, with a strong customer base.”
About This Quote
Source Company profile, 2021
Lumileds supplies lighting parts across multiple markets, indicating broad industry influence.
In simple terms: Broad market presence.
Leverage diverse market reach.
Themes
Mood
Type
When to use this quote
- product development
- market expansion
- strategic partnerships
Key Concepts
Questions to Reflect On
- How can diversification mitigate market shifts?
- What new sectors could Lumileds explore?
Reliance on specific sectors can create risk.