On December 5th, Philips announced at its factory in Bath, England that it plans to close the plant by the end of 2013.
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According to Silvie Casanova, the company's spokesperson, Philips' main factory is mainly producing high-intensity discharge lighting products, and its technology lags far behind LED lighting, which is more energy efficient and has a wide range of applications. The factory's traditional lighting market has gradually declined due to the impact of LED technology, and finally chose to close. It is expected that 280 employees will be unemployed. 
