Philips Lumileds and Future Electronics restructure distribution agreement Philips Lumileds and Future Lighting Solutions, a division of Future Electronics, announced today they have restructured their long-standing distribution agreement. The new arrangement allows both companies to build upon their long-standing relationship while creating new opportunities for additional partnerships.
News For PHG From The Last 14 Days
Check below for free stories on PHG the last two weeks.
Wi-LAN enters into license agreement with Philips Wi-LAN (WILN) announced that the company's subsidiary, Open Network Solutions, has entered into a license agreement with Philips (PHG) and Philips Electronics North America Corporation. The licensed patents relate to networking capabilities of non-standard devices. The remaining terms of the license agreement are confidential.
Philips reports Q2 net income EUR 0.26 vs. EUR 0.35 last year Reports Q2 revenue EUR 5.29B vs. EUR 5.63B last year. Healthcare comparable sales decreased 4%. Consumer Lifestyle comparable sales increased by 7%. Lighting comparable sales increased 1% year-on-year.
BofA/Merrill European capital goods analysts hold an conference call The European Capital Goods Analyst Research Team provide a 2Q preview on an Analyst/Industry conference call to be held on July 10 at 9 am.