Philips to buy US medical imaging firm Volcano
Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to ...
Philips loses $467M patent suit to US competitor
Royal Philips NV says it will book a $467 million (366 million-euro) charge in the third quarter after losing a patent lawsuit to smaller U.S. competitor Masimo Corp.
Philips introduces BlueTouch, PulseRelief control for pain relief
EU fines Samsung, Philips and Infineon over smartcard chip cartel (Update 2)
The European Union fined Infineon, Philips and Samsung a total of 138 million euros (181 million dollars) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case against technology ...
Philips, Salesforce cooperate on medical platform
Royal Philips NV and Salesforce.com say they are jointly developing a software platform for medical services.
Philips sues Nintendo over Wii remote
Dutch electronics firm Royal Philips NV has filed a suit against Nintendo in a U.S. court, claiming the Japanese company infringed two of its patents in the control system of its popular "Wii" video game consoles.
Philips eases switching fluorescent tubes with LED replacements
Philips LED bulb with rad design set for January arrival
Philips breaks off deal with Funai (Update)
Royal Philips NV said Friday it has ended a $200-million sale and licensing deal it struck this year with Japan's Funai Electric Co. and will seek damages for breach of contract.
Philips loss shrinks in Q4; sheds division (Update)
Royal Philips Electronics NV Tuesday said it will sell the entertainment division which contains many of the consumer products for which it is best known, such as audio and video equipment, to Funai Electric ...
New survey unveils worldwide innovation gap: Only five out of ten people satisfied with innovations currently available
Royal Philips Electronics released its "Meaningful Innovation Index " today, during its participation at the World Economic Forum in Davos, Switzerland. The Meaningful Innovation Index is a 5000-person, multi-country ...
S. Korea's LG to appeal European fine for price-fixing
LG Electronics vowed on Thursday to appeal against a European Commission fine of nearly 500 million euros ($653 million) for price-fixing, calling the penalty unfair and discriminatory.
LED replacements hit stores empty of 100W bulbs
(AP)—The first LED bulbs that are about the same size and brightness as regular 100-watt bulbs are reaching stores. They provide an alternative to compact fluorescents after the federal government banned the production ...
Philips Q3 earnings rise, growth economies help
Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines ...