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Philips, GE Healthcare going big on Connected Healthcare R&D in India

Wednesday, October 22, 2014 | More »

VCCircle_Philips
Engineers from Philips Innovation Labs and GE Healthcare in Bangalore are experimenting with mobility platforms and healthcare which will come to life in India soon in the form of a connected medical world. Both companies are spending close to $70-100 million each a year on R&D, to make connecte...

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Philips exits shrinking home entertainment business

Philips Electronics  is selling its audio and video business to Japan’s Funai Electric Co in a deal that almost completes its exit from consumer electronics to focus on more profitable home appliances and healthcare areas. For many years, the Dutch company was a familiar household name in Eu...

30 January, 2013 | More »

Philips’ Proposed Sale Of TV Biz To Hong Kong’s TPV At Risk

Philips Electronics has all but abandoned hope of selling its loss-making TV business by the end of the year and is considering its options should the deal collapse altogether. “The global TV market has deteriorated, and obviously the sooner we complete this the better, but we first need to fi...

17 October, 2011 | More »