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Frans Van Houten
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Philips Utilizes Another Top Medtech Talent
Apr 7, 2015Posted in Medical Device Business by Chris Newmarker on April 3, 2015 Robert Cascella was previously CEO of Hologic. He joins Philips as the Dutch multinational increasingly focuses on what it calls HealthTech. Robert Cascella, who ...
Tags: Philips, LED components, Medicine
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Philips Sells 80.1% of LED Components and Automotive Lighting Business
Apr 3, 2015Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
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LED Components and Automotive Lighting Business
Apr 2, 2015Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
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Philips to Complete The Acquisition of Volcano for $1.2 Billion
Dec 19, 2014Royal Philips NV (PHG) plans to buy medical-imaging company Volcano Corp. (VOL) for $1.2 billion, in one of Philips’ largest acquisitions in years, according to a Bloomberg report. The purchase of San Diego–based Volcano will ...
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Philips Intensifying Their Focus on LED and Relevant Market
Jul 21, 2014Philips' has announced its LED-based sales grew 43 per cent during Q2. This area now represents 36 percent of total lighting sales, compared to 25 per cent in Q2 2013. The Q2 report also shows lighting comparable sales increased 1 per ...
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Philips Has Partnered with Ericsson to Launch a Connected LED Street Lighting Model
Feb 27, 2014Philips has partnered with communications technology provider Ericsson to jointly launch a connected LED street lighting model. The partnership will see the lighting manufacturer incorporate mobile telecoms equipment from Ericsson into ...
Tags: Philips, LED street lighting, Ericsson, ICT
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Philips Says LEDs Accounting for 34 Per Cent of Overall Lighting Sales
Feb 7, 2014Philips’ lighting division achieved total sales of €8,442 million in 2013, with LEDs accounting for 34 per cent of overall lighting sales in the final quarter. Releasing its Q4 results, the Dutch manufacturing giant revealed ...
Tags: Philips, LED, Lighting division, Lumileds and Automotive
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LED-Based Sales at Philips Were up 33 Per Cent in The Latest Quarter
Oct 28, 2013LED-based sales at Philips were up 33 per cent in the latest quarter and now represent 30 per cent of total lighting sales according to the latest figures from the company. Overall lighting sales increased by 3 per cent, mostly due to ...
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LED-Based Sales at Philips Were up 33 Per Cent in The Latest Quarter
Oct 24, 2013LED-based sales at Philips were up 33 per cent in the latest quarter and now represent 30 per cent of total lighting sales according to the latest figures from the company. Overall lighting sales increased by 3 per cent, mostly due to ...
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Philips Has Announced That Its Third-Quarter 2013 Revenues Reached EUR5.6 Billion
Oct 23, 2013Philips has announced that its third-quarter 2013 revenues reached EUR5.6 billion (US$7.56 billion), up 3% on year, with growth for the LED segment hitting 33%. "This was another solid quarter for Philips, especially in light of the ...
Tags: LED-Based Sales, Philips
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Philips Has Reported Second Quarter Sales Growth of 3%
Jul 25, 2013Philips has reported second quarter sales growth of 3%, but much better results for LED and lighting, while Xicato has a new version of its remote-phosphor modules that render colors in a superior fashion. EpiLEDs buys new MOCVD reactors ...
Tags: LED Business, Xicato Module
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Philips' Second Quarter 2013 Financial Results
Jul 25, 2013Philips reports second-quarter comparable sales growth of 3% to EUR 5.7 billion; operational results improve by 30% to EUR 530 million Comparable sales in growth geographies up 12%, driven by China EBITA was EUR 603 million, or 10.7% of ...
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Royal Dutch Philips Electronics Is Scheduled to See a LED Lightening Application Center
May 22, 2013Royal Dutch Philips Electronics Ltd. is scheduled to see a LED lightening application center run into formal operation in Chengdu, capital of Sichuan Province, this September. Frans van Houten, CEO of it, said in an interview recently ...
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Philips Is Committed to Significantly Expand Its Business Footprint in Africa
May 9, 2013Royal Philips Electronics (AEX: PHIA, NYSE: PHG) announces its fourth consecutive pan-African Cape Town to Cairo road show; visiting 18 cities across 17 countries between 14th May and 23rd September 2013. The road show is instrumental in ...
Tags: Philips, LED lighting
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Lighting Giant Philips Show a 38 Per Cent Boost in LED Sales for The Period
Apr 25, 2013Looking back at the first three months of this year, lighting giant Philips has recorded earning results that show a 38 per cent boost in LED sales for the period when compared to the first quarter of last year. The energy-efficient bulbs ...