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

A jointly developed demonstrator from ams OSRAM and DP Patterning points to where automotive lighting networks are heading: single-layer flexible printed circuit boards (FPCBs) instead of complex multilayer designs — and, in the structur... READ MORE

ams OSRAM, a global leader in lighting and sensing innovation, announced that its next-generation HDR flicker detection sensor has been integrated into the newly released Honor Magic 8 flagship series. Featuring ultra-high sensitivity, precisi... READ MORE