Semi-conductor sale boosts Philips
The divestment of its semi-conductor activities boosted earnings at electronics group Philips from €1.4 bn a year ago to €4.2 bn in the third quarter of this year, Philips said this morning. Turnover was up 1% at €6.3 bn but fell 5% in the group’s biggest division, consumer electronics. Sales of household equipment and lighting were up 18% and 16% respectively.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation