Philips

Update news Philips

Race to seize Vietnamese smart lighting market

Elements are converging to make Vietnam a potential smart lighting market as light-emitting diodes (LED) are replacing traditional light appliances.

Philips, Samsung and Infineon in 138m-euro cartel fine

 Philips, Samsung and Infineon have been fined 138m euros (£110m; $182m) by the European Commission (EC) for fixing prices of chips in used in smartphones.