Dutch electronics giant Philips on Tuesday posted soaring profits of 1.87 billion euros ($2.3 billion) in 2017, as it increasingly focuses its business on health technology.
Dutch electronics giant Philips announced Wednesday it is temporarily suspending production of defibrillators for the US market to allow closer inspections in a deal reached with the American government.
The performance of white LEDs can be improved, based on better knowledge of the absorption and scattering of light inside the LED. A new method, developed by the University of Twente in The Netherlands and Philips Lighting, ...
Dutch electronics giant Philips on Monday posted a sevenfold leap in first quarter profits after spinning off its lighting business last year.
Dutch electronics giant Philips said Tuesday its bottom-line profit more than doubled in 2016, buoyed by gains from the flotation of its lighting business and the strong performance of its health technology division.
Electronics giant Philips posted a jump in third-quarter net profit Monday on robust sales in its health businesses, where the Dutch company has shifted its focus.
Electronics giant Philips posted a 57 percent jump in second quarter net profit Monday on the back of a major arbitration award, as it warned of volatile markets ahead for the rest of the year.
Dutch electronics giant Philips announced Monday it will float 25 percent of its shares in a highly anticipated IPO of its lighting arm which could raise almost one billion euros.
On Christmas Day, Liz Philips and her two sons Sutton, 8, and Greyson, 10, welcomed a new member into their San Diego home. They called her Alexa, and though not your traditional bundle of joy, she was immediately embraced ...
Dutch electronics giant Philips announced Tuesday it was floating its lighting arm on the stock market in a "historic" initial public offering, after failing for over 18 months to find a buyer.