Philips is to combine its Lumileds LED chip manufacturing subsidiary with its automotive lighting business unit into a single, standalone company. The consumer electronics, healthcare systems and ...

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 ...

June 30 (Reuters) - Dutch lighting and healthcare company Philips will merge its Lumileds LED components and Automotive lighting subsidiaries into a standalone unit to which they will attempt to ...

THE HAGUE, Netherlands – Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in ...

Royal Philips says it will start the process to combine its Lumileds (LED components) and automotive lighting businesses into a stand-alone company within the Philips Group. Philips will explore ...

AMSTERDAM—Philips PHG-2.27%decrease; red down pointing triangle NV said it plans to sell a majority stake in its lighting components and automotive-lighting operations to an investment group, in a ...

As the days get darker and shorter, lighting up your space in the right way is more important than ever. Many people would agree with this when it comes to indoor lighting, but it's slightly more ...