Royal Philips ($PHG) disclosed a long-awaited deal to sell off 80.1% of its interest in its LED component and Automotive lighting business for $2.8 billion with an ...

SHANGHAI -- Although each has its advantages, Xenon, light emitting diode (LED) and halogen lighting technologies will coexist in the auto market in the future, according to Dominiek Plancke, Philips ...

(Reuters) - Philips is to merge its lighting components businesses into a separate unit worth up to 2 billion euros ($2.7 billion) which may be listed - a major step in its ongoing strategy to refocus ...

Philips India has announced the launch of two new ranges of automotive lighting solutions that are touted to enhance driving safety. Philips India has launched several new automotive lighting ...

Lighting, healthcare and consumer technology giant Philips is to split into two distinct entities, in a decision largely reflecting the sweeping changes to the lighting industry brought about by LED ...

Royal Philips ($PHG) shareholders voted to separate out its lighting business, leaving the remaining company to focus on health technology. Completing the separation ...

AMSTERDAM—Philips NV (PHG) said on Monday it is spinning off its lighting components business in the latest stage of the once-diversified Dutch electronics group's plan to focus on a handful of higher ...

A Philips logo is seen at Philips headquarters in Amsterdam January 28, 2014. REUTERS/Toussaint Kluiters/United Photos By Thomas Escritt (Reuters) - Philips is to merge its lighting components ...