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Philips to split off lighting business, form separate company

Philips said on Tuesday it would break its 120-year-old company in two, creating a stand-alone lighting business and merge consumer and healthcare divisions into a 15-billion euro business. The......

Philips to cut 4,500 jobs globally

Consumer electronics giant Royal Philips Electronicson Mondaysaid it is planning to cut 4,500 jobs globally as part of a cost saving programme and did not rule out the possibility of this exercise......

NXP partners with Reliance for low-cost handsets

NXP (Next eXPerience) Semiconductors, the new semiconductor company founded by Philips, is partnering with mobile communication service provider Reliance Communications to bring out low cost......

Philips mobiles @ less than Rs 1000

Royal Philips Electronics is making an ultra low cost mobile handset, priced below (Rs 1000), for India and plans to launch the product sometime next year.Cellphone with Philips' Nexperia platform......

Why India is key to Philips' transformation

India serves as the company's R&D hub as it morphs into a health tech major. Sudipto Dey and Sangeeta Tanwar report. Actress Alia Bhatt is a Philips brand ambassador.Photograph: Courtesy Philips.......

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Frans Van Houten

News for Frans Van Houten

Philips to split off lighting business, form separate company

Philips to cut 4,500 jobs globally

NXP partners with Reliance for low-cost handsets

Philips mobiles @ less than Rs 1000

Why India is key to Philips' transformation

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