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Philips launches new smartphones

Last Updated: Tuesday, August 11, 2015, 20:01

The electronics major said that the phones were aimed at providing youth, professionals and technology enthusiasts with an uninterrupted and seamless smartphone experience.

Philips gets demerger nod amid small shareholders' opposition

Last Updated: Monday, July 6, 2015, 15:28

Some minority shareholders opposed the demerger and feared that the same was a precursor to hive-off the healthy business from the company in line with the parent company's move.

Philips to raise local sourcing for LEDs

Last Updated: Sunday, May 17, 2015, 15:34

The LED market, at present, is estimated at around Rs 2,275 crore in India and is growing at a compounded annual growth rate (CAGR) of more than 40%

Philips plans to double market share in TV segment by 2016-end

Last Updated: Tuesday, April 7, 2015, 22:01

Global electronic goods maker Philips is planning to double its market share in the TV segment to 10 per cent in the country by the end of 2016, a senior company official said.

Phillips launches new color-changing smart light Hue Go

Last Updated: Thursday, April 2, 2015, 23:16

Phillips has introduced a new color-changing smart light to the Hue family called Philips Hue Go, this summer and with a built-in, rechargeable battery, we will be able to take it around with us.

Philips to sell 80.1% stake in LED components biz for $2.8bn

Last Updated: Tuesday, March 31, 2015, 17:23

Diversified Dutch firm Royal Philips will sell 80.1 percent stake in its combined LED components and automotive lighting business for about USD 2.8 billion to a consortium led by GO Scale Capital.

Philips to sell major stake in LED, car lighting arm for $2.8 bn

Last Updated: Tuesday, March 31, 2015, 11:41

Dutch electronics giant Philips on Tuesday said it was selling a majority stake in its LED and car lighting arm to a consortium led by China-based GO Scale Capital investment fund in a deal worth $2.8 bn.

ITC slumps 4% as govt proposes ban on sale of loose cigarettes

Last Updated: Wednesday, January 14, 2015, 13:43

Shares of tobacco companies -- ITC and Godfrey Philips India -- fell sharply by as much as 4 percent Wednesday after the government proposed to amend the anti-smoking law and proposed radical changes, including ban on sale of loose cigarettes.

Philips appoints Chitale as CEO of lighting biz

Last Updated: Tuesday, January 6, 2015, 16:18

Chitale joins Philips from HCL Infosystems, where he was the MD & CEO.

Dutch Philips to buy US-based Volcano in $1.2 bn deal

Last Updated: Wednesday, December 17, 2014, 15:30

The deal is expected to be closed in the first quarter of 2015.

Now, `man proof` iron that will not burn your clothes

Last Updated: Wednesday, December 25, 2013, 21:46

Scientists at Philips have come up with a completely "man-proof" iron which has no temperature gauge.

Samsung, Philips among others raided by EU over restricting online sale

Last Updated: Saturday, December 7, 2013, 20:01

According to the report, the commission was concerned as restricting supply could lead to higher consumer prices or the unavailability of products through certain online sales channels.