Signify and Silicon Labs have announced a collaboration to bring concurrent multiprotocol communications to select Philips Hue smart bulbs, enabling support for both Zigbee and Matter over Thread simultaneously on a single device. The new Philips Hue bulbs leverage Silicon Labs' MG26 and SiMG301 wireless SoCs to deliver greater flexibility whilst maintaining advanced features like dynamic scenes, entertainment synchronisation and automation capabilities. The technology allows consumers to integrate bulbs into leading smart home ecosystems for everyday controls whilst accessing premium Hue-specific functionality. Select Philips Hue smart bulbs using the Silicon Labs technology are available now or being introduced across product lines. Whilst products currently require choosing Zigbee or Thread at commissioning, a software update enabling concurrent operation will launch later this year.

Signify has launched Sports Live, new software for its Philips Hue and Philips Smart Lighting systems that uses live match data to trigger real-time lighting effects during football matches. The system responds to key moments such as goals and cards, synchronising home lighting with on-pitch action. The software connects to a live sports data API and adjusts for broadcast delays. During quieter periods, lights display team colours or warm white when scores are tied. Setup takes minutes through the Philips Hue or WiZ app, with no additional hardware required. Sports Live begins rolling out in May, with full release in June 2026 ahead of Championship 2026. The system complements existing entertainment features like Hue Sync and works across single rooms or entire home zones.

Signify NV reported a challenging first quarter for 2026, with comparable sales declining 5.1% amid softer demand and manufacturing overcapacity. Net income fell sharply to €8 million from €67 million in the prior year, impacted by restructuring costs. The company maintained a gross margin of 40.6% through disciplined pricing and cost management, whilst generating €47 million in free cash flow, up from €40 million previously. Working capital improved to 6.2% of sales from 7.2%. Sales declined across all business segments, with Professional down 3.7%, Consumer down 4.6%, and Conventional falling 17.9%. However, emerging markets including China and India showed growth, and the Consumer business experienced strong sell-out despite retail inventory adjustments. Adjusted EBITDA reached €83 million, representing 6.5% operational profitability.