Philips statement: Philips to sharpen strategic focus by establishing two market-leading companies in Lighting solutions and in HealthTech, combining Healthcare and Consumer Lifestyle

23 Sep 2014

Philips to split company in two

23 Sep 2014

Philips will be split into two, separating the healthcare-lifestyle and lighting businesses

Philips to merge Lumileds and automotive lighting divisions into stand-alone subsidiary

30 Jun 2014

Philips re-enters India smartphone market with three devices

29 May 2014

Philips warns of difficult 2014 after slowdown wipes sales growth

22 Apr 2014

Royal Philips Electronics reports lower than expected 1Q profits

22 Apr 2013

Philips exits home entertainment business

29 Jan 2013

The Dutch electronics group, which ended 50 years of home entertainment business, will now concentrate on the more profitable home appliances and healthcare business

Sara Lee to acquire Philips' stake in Senseo coffee brand for $223 million

27 Jan 2012

Philips continues global media relationship with Carat

08 Nov 2011

Philips to cut 4,500 jobs as part of $1.1-bn cost-cutting plan

18 Oct 2011

The newly announced job cuts are in addition to its 6,000 previous job reduction programme announced in 2009.

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