Tag Archives: Philips

Philips Electronics to appeal ruling in $467 million patent lawsuit

(Reuters) – Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $ 466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used … Continue reading

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Philips Electronics loses $467 million patent verdict to Masimo

(Reuters) – A federal jury on Wednesday said Philips Electronics NA should pay $ 466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed … Continue reading

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Philips: A Household Brand Trading Below Its Sum Of The Parts Valuation

By Gordon Tam: Philips (PHG) is a household name, whose products are most likely inside your house. To name a few: Philips Norelco shavers, Avent baby care products, and Philip light bulbs are the most popular household staples. With such … Continue reading

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Philips to merge LED and automotive lighting businesses

(Reuters) – Dutch lighting and healthcare company Philips will merge its Lumileds LED components and Automotive lighting subsidiaries into a standalone unit to which they will attempt to attract third-party capital, the company said. The two businesses had combined sales … Continue reading

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Philips’ smart lighting tells you where to go in the grocery store

Ever spent ages wandering the grocery store while looking for a hard-to-find ingredient? If Philips brings its new connected retail lighting to your local supermarket, you may always know where to go. The technology uses light-based communication to create a … Continue reading

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Emerging market turmoil deals setback for Philips

By Sara Webb AMSTERDAM (Reuters) – Philips said currency volatility in emerging markets such as Turkey, Argentina, and Indonesia and weak orders for healthcare equipment would mean a slow start to the year. Shares in the Dutch healthcare, lighting and … Continue reading

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Insight: Philips restores profit by rediscovering relevance

By Sara Webb AMSTERDAM (Reuters) – Every year Singaporeans and Malaysians choke on smoke when farmers and plantation firms in neighboring Indonesia clear the land with fires during the dry season. Last summer, Philips diverted stocks of air purifiers from … Continue reading

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Philips, Samsung, Metro offices raided by EU inspectors

AMSTERDAM/FRANKFURT (Reuters) – Philips, Samsung Electronics and Media-Saturn, Europe's largest chain of consumer electronics stores, said on Friday they were among companies visited by European Commission officers this week on suspicion of breaking competition rules. The Commission said on Thursday … Continue reading

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Philips Is A Much Improved Company But Is Currently Not That Cheap

By Matthew Dow: Philips (PHG) is a diversified technology company that has 3 primary segments: Healthcare Consumer Lifestyle Lighting The company has existed since 1891 and is a pioneer in lighting and numerous electrical products. Over the years the company … Continue reading

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Philips, LG Electronics, four others fined $1.92 billion for EU cartel

BRUSSELS (Reuters) – Philips, LG Electronics, Samsung SDI and three other firms were fined a record 1.47 billion euros ($ 1.92 billion) by EU antitrust regulators on Wednesday for fixing prices of TV cathode-ray tubes for more than two decades. … Continue reading

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