Philips News
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Choosing the right juicer can be overwhelming, but this guide helps navigate the options. Each juicer's key features are outlined, making it easier to select the best appliance for your needs, whether you prioritize efficiency, versatility, or nutrient preservation.
Finding the perfect toaster can be overwhelming with the numerous options available. This guide helps navigate the world of toasters, considering size, features, and budget.
Dutch tech company Philips announces to cut 6000 jobs globally.
Company aims to restore its profitability and improve safety of its products following a recall of respiratory devices knocking off 70% market value.
Half of the job cuts will be made this year, the company said on Monday, adding that the other half will be realised by 2025.
Philips to cut 6000 jobs by around 2025.
Philips is to cut 3000 jobs this year.
In October, last year, the company announced to slash of 4,000 jobs.
The company reported a net loss of 1.33 billion euros ($1.31 billion) compared with a year-ago profit of 2.97 billion euros.
Dutch electronics giant Philips Tuesday unveiled solid net profits for last year, up 55 percent on 2014 driven by increased sales in its healthcare and lifestyle business as its seeks to shed its historic lighting section.
Cisco, SAP and Bosch under which each will jointly market networking systems using Philips programmable lights.
The electronics major said that the phones were aimed at providing youth, professionals and technology enthusiasts with an uninterrupted and seamless smartphone experience.
Some minority shareholders opposed the demerger and feared that the same was a precursor to hive-off the healthy business from the company in line with the parent company's move.
The LED market, at present, is estimated at around Rs 2,275 crore in India and is growing at a compounded annual growth rate (CAGR) of more than 40%
Global electronic goods maker Philips is planning to double its market share in the TV segment to 10 per cent in the country by the end of 2016, a senior company official said.
Dutch electronics giant Philips on Tuesday said it was selling a majority stake in its LED and car lighting arm to a consortium led by China-based GO Scale Capital investment fund in a deal worth $2.8 bn.
Chitale joins Philips from HCL Infosystems, where he was the MD & CEO.
Priced at Rs 29,990 onwards, the new range would be a unison of the features, innovations of the two brands - Philips and Apple, PE Electronics said in a statement.
Philips, the Dutch conglomerate that started life making light bulbs 123 years ago, is splitting off its lighting business in a bold step to expand its higher-margin healthcare and consumer divisions.
Philips India has roped in Bollywood actress Alia Bhatt as its brand ambassador for its beauty business.
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