Innovation key to the company’s product strategy
Renewed investment in research and development has benefited the company. Signify previously designed and manufactured the EnduraLED 10W A19 Dimmable Bulb, which it claims can last up to 20 years. The bulb uses advanced LED technology and offers consumers and businesses considerable energy savings in addition to longevity. In fact, the bulb made the company the winner of the US Department of Energy's Bright Tomorrow Lighting competition. The company started production on the bulbs in early 2013 and began distributing them later that year to wholesalers and mass merchandisers, such as the Home Depot Inc. and Lowe's Companies Inc.
Balance Sheet|New Activity|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.