2014-10-31

Philips Reports Flat 3Q14 Revenue Results Despite Growing LED Sales

“The successful execution of our Accelerate! program continues to improve operational performance in most of our businesses. We are very excited by the vast opportunities in the HealthTech and Lighting solutions markets that we will capitalize on with the creation of two dedicated market-leading companies.
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In recent years, the LED display industry has experienced rapid growth, driving fierce market competition. While domestic price wars have intensified, Kinglight has maintained steady progress by relying on its strong technological expertise an... READ MORE