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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Everlight Electronics Co., Ltd. (hereinafter “Everlight”) filed a patent infringement lawsuit against Seoul Semiconductor Co., Ltd. (hereinafter “SSC”) in the United States District Court for the Eastern District of Texas ... READ MORE
In cooperation with the leading agricultural machinery manufacturer CLAAS, the international automotive supplier FORVIA HELLA has developed an illuminated logo bezel especially for the Axion 9 large tractor series. The innovative lighting solu... READ MORE