Executive Summary: Once a household name, Dutch consumer electronics major Philips has slipped over the years to become an 'also ran'. Its repeated attempts to rekindle its mojo have failed. Will its ...

Electronics giant Philips accuses a Seattle-area medical device repair and service company of hacking into its imaging machines and stealing trade secrets in a lawsuit filed this week, pitting the ...

Philips said Wednesday its first-quarter profits had doubled, maintaining its sales forecasts as the Dutch electronics and ...

The proposal to drop the word “Electronics” to rename the company “Royal Philips” will be put to shareholders at the annual general meeting in Amsterdam on 3 May, Philips said ...

Citing falling consumer prices and declining margins, Royal Philips Electronics NV will relinquish control of its 80-year old television unit to an Asian contract manufacturer. Philips said it would ...

After Benjamin Franklin was credited with discovering electricity in the mid-18th century, the 19th century saw numerous inventors and industrialists work tirelessly to commercialize this new aspect ...

Royal Philips Electronics, apparently sick of the hyper-competitive nature of TV sales which results in ultra-low profit margins, will no longer manufacture televisions for sale in the United States ...