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

The CLEDIA project, co-financed by the Auvergne-Rhône-Alpes A group of logos with different names AI-generated content may be incorrect. Region and Bpifrance has just been completed after three years of collaborative innovation between P... READ MORE

Seoul Semiconductor has developed an innovative LED light source—SunLike—that reproduces a spectrum nearly identical to natural sunlight. The technology is gaining attention for its positive effects on eye health, including reducing ... READ MORE