Philips
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Philips to cut 13% of jobs to restore profit
Brings total amount of job cuts to 10,000, or around 13% of its current workforce
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Philips Q1 core profit plunges as supply chain problems persist
Phillips core profit dropped a third from a year earlier, in the first quarter as the company faces supply shortages
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Philips shifting millions of euros worth of production due to trade war
Predicts increased tariffs will cut around 60m euros from core profits this year
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Philips changing name to Signify
Company will continue to use the Philips brand under the existing licensing agreement with Royal Philips
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Philips introduces new motion sensor lighting device
The Hue motion sensor also senses whether its day or night time and adjusts its lighting accordingly
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Tapping developing economies: Philips deems Pakistan ‘a very important market’
Says business prospects huge due to growing population, CPEC
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Philips positions itself as lighting company for Internet of Things
Company announces partnerships, displays new innovative products
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Philips positions itself as lighting company for Internet of Things
Company announces partnerships and innovative new products
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