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The company blamed poor lighting sales on the anaemic construction industry in developed countries, and said its gross sales in lighting would grow in the low single digits. But production capacity is being severely underutilised due to low demand, mainly in western Europe. Margins in the company’s lighting division fell to some 4 per cent, well below the 10 per cent margin in the first quarter.Philips also said low consumer demand in western Europe had hit its consumer products revenues. It also noted some impact from the expected spin-off of its television division to Hong Kong-based TPV, which it announced in April. The company will report that the audio-visual and media section of its consumer products division has fallen into the red. An analyst said Philips officers had told him that the spin-off of the TV business had created customer and retailer uncertainty and led to falling TV sales, which also hurt knock-on sales of other audio-visual products.

Integer’s Director of Research, Philip Radbourne, recently presented at the Europacable 2012 General Assembly in Brussels. Philip’s presentation covered: Global Wire & Cable long- and short-term trends, examination of the leading suppliers, and short-term European indicators for growth.

"The Asian market has shown rapid growth, reaching US$1.8 billion in 2010," says Integer Research Director, Philip Radbourne. "Prysmian, Nexans, Leoni and General Cable dominate the market for specialty industrial cables. General Cable dominates North American, whilst Prysmian, Nexans and Leoni have expanded their operations from Western Europe into Asia." There are also a number of other producers of specialty cable, from Lapp, LS Cable, Fujikura, Furukawa Electric, through to TMC, Hien Electric, and Habia Cable. These companies have built market share in their niche products area on a regional basis. The same is true of leading Chinese shipboard cable maker Yuanyang (Yangzhou Marine Cable) "North America and Western Europe have shown the highest growth rates in the renewables markets - wind turbines and solar farms. However, Asia has been showing impressive growth in a range of end-use sectors. This certainly may explain Nexans and Prysmian's strategy of moving into the Middle East and Asia," says Sebastien Chu Ti, analyst at Integer Research.

The Government’s vision for recharging infrastructure, to support the electric vehicles revolution, has been announced today by Transport Secretary Philip Hammond.

Making the Connection: the Plug-In Vehicle Infrastructure Strategy can be found here: http://​www​.dft​.gov​.uk/​p​u​b​l​i​c​a​t​i​o​n​s​/​p​l​u​g​-​i​n​-​v​e​h​i​c​l​e​-​i​n​f​r​a​s​t​r​u​c​t​u​r​e​-​s​t​r​a​t​egy