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.

Philips hits Q2 profit, warns global markets 'volatile'

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.

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 ...

Split light wave switches nano-enhancers of light on and off

In collaboration with Philips Lighting, researchers from the FOM institutes AMOLF and DIFFER have found a way to switch the antenna effect of metal nanoparticles on and off. Nanoantennae are sensitive receivers and enhancers ...

'Safe' screens touted for those who just can't look away

As it gets harder to tear our eyes away from smartphones, televisions, tablets or computers, concerns are growing over a blue light emitted by their screens, blamed for harming the retina and causing interrupted sleep.

Healthy profit rise for Philips

Rising sales of medical equipment helped drive a 12 percent increase in second quarter net profit at Dutch electronics manufacturer Philips, the company said Monday.

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