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...
Continue reading

Veeco Instruments Inc. (NASDAQ: VECO), a global leader in compound semiconductor process equipment, today announced the first commercial acceptance and qualification of its LUMINA+ metal organic chemical vapor deposition (MOCVD) system by Enno... READ MORE

Absen will showcase a broad portfolio of LED display solutions at InfoComm 2026, highlighting technologies designed for enterprise, commercial, control room, rental and staging, sports, and virtual production applications. The company’s ... READ MORE