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 Co., Ltd., of ...

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 as well as the ...

India's Wipro Q1 net profit up 18%, sees weak outlook

India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.

Africans consumers targeted as key by electronics firms

From solar-powered lights to televisions that can withstand power blackouts, electronics mega-firms are wooing African consumers with products that target local, often challenging, environments.

The perfect clone: Researchers hack RFID smartcards

Professional safecrackers use a stethoscope to find the correct combination by listening to the clicks of the lock. Researchers at the Ruhr-University Bochum have now demonstrated how to bypass the security mechanisms of ...

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