Mr. Louis Schweitzer to step down from Supervisory Board of Royal Philips Electronics
Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced that Mr. Louis Schweitzer, Vice Chairman and Secretary to Philips’ Supervisory Board, will step down from Philips’ Supervisory Board effective upon the closing of Philips’ 2008 Annual General Meeting of Shareholders, to be held [...]

Mr. Jan-Michiel Hessels to succeed Mr. Wim de Kleuver as Supervisory Board Chairman of Royal Philips
Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced that its Supervisory Board has agreed to appoint Mr. Jan-Michiel Hessels as Chairman of the Supervisory Board of Philips, effective upon the closing of the 2008 General Meeting of Shareholders.
Mr. Hessels [...]

Philips increases sales of Green Products by one third to EUR 5.3 billion in 2007
Royal Philips Electronics (AEX:PHI, NYSE:PHG) announced that it achieved a 33% increase in sales of Green Products in 2007, as published in the company’s 10th annual Sustainability Report today. All three Philips sectors – Healthcare, Lighting and Consumer Lifestyle – showed [...]

Royal Philips Electronics (AEX: PHI) (NYSE: PHG) today announced the launch of the Digital Conference Recording System 955, an out-of-the-box solution designed to record meetings and conferences of any size with exceptional sound quality.
The Conference Recording System 955 contains newly-designed companion Philips Boundary Conference Microphones and a remote control that allows the system to [...]

Philips announces completion of sale of 800 million TSMC shares via TSMC share repurchase program
Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced it has completed the sale of 800 million common shares in Taiwan Semiconductor Manufacturing Company Ltd. (TAIEX: 2330, NYSE: TSM) (“TSMC”), valued at approximately USD 1.5 billion. The sale was carried out [...]

Today, at the 93rd annual meeting of the Radiological Society of North America (RSNA) in Chicago, Royal Philips Electronics (NYSE: PHG, AEX: PHI) unveiled its latest innovative healthcare products and technologies that seek to make a difference in how radiologists can prevent, diagnose, treat and monitor disease, and allow them to focus more on their [...]

New LUXEON K2 With TFFC Is the First of a New Class of Products That Will Deliver More Light and Higher Efficacy, and Lower the Cost of Light.
Philips Lumileds today announced its new cool-white LUXEON K2 with TFFC LED. Chip and packaging advancements by the company enable extended capabilities that deliver maximum performance in any [...]

Philips Lumileds CTO Wins Prestigious Economist Innovation Award for Energy and the Environment
The Economist Honors Pioneering Work in Development of Bright, Energy-Efficient Light-Emitting Silicon Chips
Philips Lumileds, the leading manufacturer of high-power LEDs, is pleased to announce that George Craford, its Chief Technology Officer, was honored last night with the Innovation Prize in Energy and [...]

Rudy Provoost outlines consumer lifestyle trends in opening IFA 2007 Keynote
Royal Philips Electronics (NYSE: PHG, AEX: PHI) will put the twin interests of wellness and pleasure at the heart of its consumer lifestyle approach, Rudy Provoost, Executive Vice-President, Royal Philips Electronics and Chief Executive Officer, Philips Consumer Electronics, will outline in the opening keynote speech [...]

Philips reinvents television viewing with the launch of Aurea at IFA 2007
Philips is to redefine the home entertainment experience with the launch at IFA 2007 as the centerpiece of Philips’ 2007 consumer electronics lineup, a totally unique television – Aurea.
The Aurea experience is like stepping through a window into a different world, as scenes radiate [...]