2013-10-22

Philips' 3Q13 Financial Results Show Healthy Growth in LED Sector

Philips reports third-quarter comparable sales growth of 3% to EUR 5.6 billion (US$ 7.65 billion); operational results improve by 33% to EUR 634 million. Comparable sales in growth geographies up 10% EBITA increased to EUR 562 million, or 10.0% of sales, compared to 6.3% in Q3 2012 EBITA excluding restructuring and other charges increased to EUR 634 million, or 11.3% of sales Net income increased to EUR 281 million, compared to EUR 105 million in Q3 2012 Free cash flow amounted to EUR 117 million New EUR 1.5 billion share bu...
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Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, is launching a white LED (Part No. NS2W806H-B2) designed for LCD backlighting. This product adds a new green chip in addition to the exist... READ MORE

Macroblock has successfully obtained ISO 26262 functional safety development process certification. This internationally authoritative certification underscores Macroblock’s commitment to adhering to the highest functional safety standards ... READ MORE