Chips and ships: Philips cuts outlook as supply chain problems growThe impact of the supply chain problems will likely increase to 200 million euros in missed sales in the final quarter of 2021 up from 150 ...
19 Oct, 2021, 10.28 AM IST
Power squeeze curbs Chinese growth, leaves Europe in a gas bindChina's economy in the first few months this year staged impressive recovery but caught up in numerous headwinds, including a property sect...
18 Oct, 2021, 08.56 PM IST
Philips to invest Rs 300 crore, hire 1,500 people in India, says global CEO Frans Van HoutenPrivate-public collaboration can actually help to innovate healthcare and to make this affordable and accessible. Telehealth is a way peopl...
03 Aug, 2021, 10.47 AM IST
Philips' net profit rises 1.9 percent in 2020, co sees 'uncertainty' due to Covid in 2021"Looking ahead, we continue to see uncertainty related to the impact of Covid-19 across the world," Philips chief executive Frans van Houte...
25 Jan, 2021, 02.36 PM IST
Philips buys American cardiac care company BioTelemetry in $2.8 billion dealPhilips said it would pay $72 per outstanding BioTelemetry share in cash, in an offer supported by the U.S. company's board at a 16.5% prem...
18 Dec, 2020, 02.27 PM IST
How Philips is transforming into a health tech trailblazerPhilips’ transformation from being a trusted electronics brand into a healthcare services company is not an aberration, reckon branding exp...
01 Oct, 2017, 12.00 AM IST
Philips elevates India CEO Krishna Kumar A as head of healthcare businessPhilips India managing director and chief executive Krishna Kumar A has been elevated to head parent company Royal Philips’ newly-created e...
09 Sep, 2015, 04.17 AM IST
- Philips to sell lifestyle entertainment biz to Japan's Funai
Philips Electronics has signed an agreement with Japan's Funai Electric to sell its audio, video, multimedia and accessories businesses.
30 Jan, 2013, 09.41 PM IST
World Economic Forum: India assures investors of friendly, transparent policy regimeIndia today assured global investors that the country's growth story is intact and they can look forward to a stable and transparent policy...
23 Jan, 2013, 08.45 PM IST
- Healthcare, lighting business becoming more profitable than consumer electronics: Philips
Philips, once a household name in India, has shed its image of a hardcore consumer electronics brand to become a healthcare and well-being ...
09 Nov, 2011, 02.54 AM IST
- Philips to cut 4,500 jobs globally, may also impact India
Royal Philips Electronics on Monday said it is planning to cut 4,500 jobs globally as part of a cost saving programme.
17 Oct, 2011, 06.38 PM IST
- Philips plans to cut an additional e500 million in costs after loss
Royal Philips Electronics NV Chief Executive Officer Frans van Houten said he'll embark on a e2 billion ($2.8 billion) share buyback progra...
19 Jul, 2011, 02.12 AM IST
- Dutch consumer electronics firm Philips posts Q2 net loss at 1.35 mn euros
Dutch consumer electronics firm, Philips, today reported a net loss of 1.35 million euros in the second quarter of this year.
18 Jul, 2011, 07.23 PM IST
- Centre in talks with NXP on passport system
NXP Semiconductors, one of the world's top 10 makers of microchips, on Friday said it is one of the contenders for the electronic passport ...
18 May, 2007, 07.05 PM IST