Philips sells most of its lighting components unit for $2.8 billion

Philips sells most of its lighting components unit for $2.8 billion

Source: uk.reuters.com

Philips has said its LED business has operating margins above 10 percent after a 2012 restructuring under Pierre-Yves Lesaicherre, but needs further investment to improve scale.

Leave a comment

Spam-free subscription, we guarantee. This is just a friendly ping when new content is out.

← Back

Thank you for your response. ✨