Philips confirms U.S. price hikes for Hue smart lights starting July 1, citing Trump-era tariffs as the driving force behind ...

Signify, the parent company of Philips Hue, has announced that it will raise prices in the U.S. starting in July—and yes, ...

Philips Electronics has drawn a line under its long history as a consumer-electronics company after failing to compete successfully with the likes of Apple Inc., Samsung Electronics Co. and Sony ...

Philips Consumer Electronics, North America has a new president effective Jan. 1. Reinier Jens, 46, is the new chief. Jens has been with the company in a variety of positions since 1986, most recently ...

Philips, a brand well known for their televisions and optical media devices, is leaving the consumer electronics market and is now focusing on medical equipment and lighting. The company sold its ...

Philips is exiting the consumer electronics industry — according to The Wall Street Journal, the company has announced the sale of its audio, video, multimedia, and accessories divisions to ...

LONDON Royal Philips Electronics is set to miss its target this year of 4 percent operating margins in the consumer electronics division, which generates about 40 percent of group sales. It said it ...

AMSTERDAM, Dec 6 (Reuters) - Philips Electronics is on track to reach a 3 percent core profit margin in its consumer electronics division for 2007 despite a challenging market in flat-screen TVs ...

Amsterdam, The Netherlands — Royal Philips Electronics and Funai Electric of Japan said Tuesday they have reached a brand-licensing agreement under which Funai will assume responsibility for the ...