Compact style generators are portable and lightweight power generators that are designed to provide electricity in outdoor or remote locations. They are typically smaller in size and have a lower power output compared to larger generators, making them suitable for powering smaller appliances and devices.
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Compact style generators are often used for camping, tailgating, outdoor events, and other activities where access to electricity may be limited. They are easy to transport and can be carried by hand or in a small vehicle. Some compact generators are even designed to be backpack portable, allowing users to take them on hiking or backpacking trips.
These generators are usually powered by gasoline, propane, or batteries. Gasoline-powered compact generators are the most common and offer a good balance between power output and fuel efficiency. Propane-powered generators are quieter and produce fewer emissions but may have a slightly lower power output. Battery-powered generators are the most environmentally friendly option but typically have a lower power output and limited runtime.
Compact style generators often feature multiple outlets, including standard AC outlets, USB ports, and DC outlets, allowing users to power a variety of devices simultaneously. Some models also come with additional features such as built-in inverters for clean and stable power output, low oil shutdown to protect the engine, and noise-reducing technology for quieter operation.
When choosing a compact style generator, it is important to consider the power requirements of the devices you plan to power, the runtime needed, and the noise level acceptable for your specific application. It is also recommended to follow the manufacturer's guidelines for safe operation and maintenance of the generator.
On November 29, Royal Philips announced that it had sold 12% of its stake in Philips Lighting, raising approximately 547 million euros. The company offloaded around 17.1 million shares through an accelerated bookbuilding offering at a price of 32 euros per share, targeting institutional investors. This move is part of Philips’ broader strategy to divest its entire holding in the lighting division over the next few years.
According to Reuters, the decision reflects Philips’ long-term goal of focusing more on healthcare and medical devices, which are seen as more profitable and sustainable sectors. Since its spin-off in May 2016, Philips Lighting has operated as an independent entity, and the company aims to fully exit the business by reducing its ownership below the threshold for control.
In recent years, the global lighting industry has faced intense competition, especially from Chinese manufacturers who have rapidly gained market share. As a result, major players like Philips, Osram, and GE have been re-evaluating their strategies in this sector. With its vast experience and technological edge, Philips remains a key player whose decisions often influence the entire industry.
Philips Lighting was listed on Euronext Amsterdam in May 2016, with the company selling a 25% stake during its initial public offering (IPO). This made it the world’s largest independent lighting manufacturer. Wang Wei, President of Philips Lighting Greater China, emphasized that the listing was aimed at improving agility and responsiveness to market changes, particularly in customer demands within the lighting sector.
Earlier this year, in February and April, Philips further reduced its stake in Philips Lighting. After the recent 12% sale, its ownership dropped from 41% to 29%. This reduction also triggered a change in board representation: Frans van Houten, CEO of Royal Philips, will step down from the regulatory committee at the end of the year, as his company’s ownership now falls below 30%. Kees van Lede will continue serving on the Supervisory Board until the 2018 Annual General Meeting.
As the lighting market evolves, Philips' strategic shift underscores its commitment to innovation and growth in high-potential areas such as healthcare technology. The company’s ongoing adjustments reflect a broader trend among traditional giants seeking to stay relevant in a rapidly changing global economy.
August 25, 2025