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Stories related to: Philips

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5 Stories

  • April 2008
    • North American TV Sales Drag Philips Down

      North American TV Sales Drag Philips Down

      (Newser) - An expanding health-care sector in China couldn’t help Royal Philips Electronics offset poor television and video sales in North America, as the world’s leading lighting company reported core profits fell 28% in the first quarter, Reuters reports today. The company said it expects the global economic slowdown will continue to hurt its consumer-electronics sales. More »

      Tags

      China   television   corporate earnings   consumer electronics   global economy   Philips

  • January 2008
    • FCC to Re-Test Wireless Internet Devices

      FCC to Re-Test Wireless Internet Devices

      (Newser) - After a series of unsuccessful tests, the Federal Communications Commission is heading back to the lab to assess a new round of devices for broadcasting high-speed Internet in the white space available in between TV airwaves. The prototypes come from a coalition of top-tier bidders, including Microsoft, Philips, and Intel, none of which received positive grades the first time around, the AP reports. More »

      Tags

      Internet   Microsoft   FCC   Wi-Fi   broadband Internet   wireless technology   Philips   rural area

  • December 2007
    • Philips to Buy Sleep Therapy Firm for $5B

      Philips to Buy Sleep Therapy Firm for $5B

      (Newser) - Electronics giant Philips will buy Respironics, an American maker of sleep therapy products, for $5.1 billion, Reuters reports, its most expensive foray yet into the health-care sector. That plan has seen Philips purchase lighting firm Genlyte for $2.7 billion and medical systems provider Visicu for $430 million within the past month as the company works to leverage its cash pile. More »

      Tags

      mergers and acquisitions   Philips

    • LEDs Light Up Europe, As Bulb Makers Switch

      LEDs Light Up Europe, As Bulb Makers Switch

      (Newser) - Europe is going low-e with LEDs, presaging a trend about to spread worldwide. The Italian village Torraca, for example, just switched all of its streetlights for light-emitting diode fixtures, and Dutch electronics giant Philips has snapped up an American firm in a plan to push similar changes in the states. LEDs use an eighth of the power of incandescent bulbs, the Economist reports, stay cool, and can last for ten years. More »

      Tags

      LEDs   Philips   interior design   incandescent bulbs

  • August 2007
    • The CD Turns 25

      The CD Turns 25

      (Newser) - The compact disc, which Wired calls an "obsolete form of optical media," has been spinning for 25 years today, according to a press release from Philips. The first disk, a recording of ABBA’s “The Visitors,” was produced in Hanover, Germany in 1982. A stunning 200 billion CDs have been produced since, and the technology and form have been adapted for next-gen media like DVD and Blu-Ray. More »

      Tags

      music   Sony   digital music   CDs   data storage   Philips   compact discs

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