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Philips

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No buyers for Philips lighting division means it gets spun off

Medical equipment and technology firm Philips says it will sell a stake of at least 25 percent of its lighting division in an initial public offering of shares.

Medical equipment and technology firm Philips says it will sell a stake of at least 25 percent of its lighting division in an initial public offering of shares.

Business

Philips split: IPO likely for lighting division

Philips has confirmed that will almost certainly use an initial public offering of shares to investors to turn its lighting division in a standalone company.

Philips has confirmed that will almost certainly use an initial public offering of shares to investors to turn its lighting division in a standalone company.

Business

The lights start to go out at Philips

Dutch electronics giant Philips has begun its long-flagged withdrawal from one of its core historic activities, lighting, by selling 80.1% of its

Dutch electronics giant Philips has begun its long-flagged withdrawal from one of its core historic activities, lighting, by selling 80.1% of its

Business

Philips shares dip on Q3 loss

Dutch giant Philips has announced a net loss for the third quarter and revised its Q2 earnings to a lower level, year-on-year, yet remains bullish

Dutch giant Philips has announced a net loss for the third quarter and revised its Q2 earnings to a lower level, year-on-year, yet remains bullish

Business

Philips splits saying it is time to 'reinvent' itself

Philips is splitting in two. The Dutch conglomerate is to put its lighting business into a separate company It is the latest step in Philips’ plans

Philips is splitting in two. The Dutch conglomerate is to put its lighting business into a separate company It is the latest step in Philips’ plans

Business

Infineon, Philips and Samsung fined over SIM card chip tricks

EU Competition Commission Joaquin Almunia has fined Philips, Samsung and Infineon a total of 138 million euros for fixing prices of microchips used

EU Competition Commission Joaquin Almunia has fined Philips, Samsung and Infineon a total of 138 million euros for fixing prices of microchips used

Business

Philips shake up boosts profits

Philips said its latest quarterly net profit – at 281 million euros – was nearly triple what it made a year ago. That follows two years of

Philips said its latest quarterly net profit – at 281 million euros – was nearly triple what it made a year ago. That follows two years of

Business

Philips refocus brings healthier results

Philips’ focus on health care products and away from consumer electronics seems to be paying off. After a strategic overhaul, the healthcare

Philips’ focus on health care products and away from consumer electronics seems to be paying off. After a strategic overhaul, the healthcare

Business

Philips quits home entertainment

Philips Chief Executive Frans van Houten is continuing his efforts to focus on its more profitable home appliances and healthcare operations. As

Philips Chief Executive Frans van Houten is continuing his efforts to focus on its more profitable home appliances and healthcare operations. As

Business

Philips's restructuring continues to bear fruit

Dutch electronics giant Philips share price posted the biggest increase on the Amsterdam stock market on Monday thanks to quarterly results above

Dutch electronics giant Philips share price posted the biggest increase on the Amsterdam stock market on Monday thanks to quarterly results above