Electronics giant Philips posts 2015 profit up 55%
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.
Jan 26, 2016, 19:49 PM ISTPhilips reports profit slump, setback for medical sales
Philips announced the sale of its lifestyle entertainment branch, which makes stereos and DVD players, after selling its troubled TV-making arm in 2012.
Jul 21, 2014, 16:20 PM IST