Philips profits more than double in 2016 (Update)

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.

Kindle display maker E Ink to be bought for $215M

(AP) -- E Ink Corp., the maker of the innovative display for the Amazon Kindle e-book reader, said Monday it has agreed to be acquired by a Taiwanese company for $215 million.

Philips says profits soar 25% in 2017

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.

Philips eyes almost billion euro IPO windfall

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.

Why people are falling for Amazon's Echo

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 ...

Philips first-quarter net income down

Dutch electronics giant Philips said Monday that first-quarter net income had fallen 31.3 percent and announced a joint venture with Hong Kong-based TPV for its flagging television business.

Philips posts surprise profit as cost cuts help

Dutch electronics giant Philips reported on Monday a surprise profit for the third quarter as a series of cost cutting measures to cope with the global slump helped the bottomline.

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