New Philips E1 monitors focused on productivity and comfort
The Philips 24E1N1100A, 27E1N1100A and 27E1N1600AE should support employees with features to promote productivity.
The Philips 24E1N1100A is a 23.8-inch monitor, while the Philips 27E1N1100A features a 27-inch screen. Both monitors feature a 1920 x 1080 (Full HD) IPS panel. Also, these two Phil... Read more
DeepTechXL can invest €110 million into Dutch photonics and quantum
Venture investor DeepTechXL has raised €110 million. The fund aims to strengthen the Dutch deep-tech ecosystem by funding startups.
The 110 million is made possible by input from ASML, the FD knows. DeepTechXL's money is awarded through a selection process. Photonics and quantum computing are ... Read more
Philips recalls medical devices due to hardware failure
Philips is recalling an old medical scanner after a component proved faulty. An incident reported by a customer has forced the company into action. After warnings in December, a recall has proven to be necessary to ensure no harmful incident occurs.
The incident in question did not lead to any h... Read more
Italian investment fund Exor becomes largest Philips shareholder
Italian investment fund Exor recently bought up a 15 percent stake in Philips. The fund invested a sum of 2.6 billion euros in the Dutch company.
Exor is the investment fund of the well-known Italian entrepreneurial Agnelli family, founders and owners of Fiat and shareholder of such brands as Fe... Read more
Philips Speech and Sembly AI launch new meeting technology solution
The joint offering will combine artificial intelligence with state-of-the-art hardware.
Speech Processing Solutions, the speech-to-text solutions sold under the Philips brand, has teamed up with US-based Sembly AI to provide high-quality microphones and smart meeting technology, according to a P... Read more
Philips cuts thousands of jobs and records disappointing annual sales
Medical tech company Philips is to cut 6,000 jobs worldwide, including 1,100 in the Netherlands. Its recent annual figures also show that the company posted three percent lower sales in 2022 than a year earlier.
The mass layoffs were unavoidable, according to the medical tech conglomerate, becau... Read more
Philips releases curved 34-inch LCD monitor
Philips unveiled the 34E1C5600HE, a 34-inch curved display. The company continues to grow its monitor lineup.
The Philips 34E1C5600HE sports a 34-inch panel, 3400x1400 native resolution, a 21:9 aspect ratio and a 1500R curvature. The model has a max brightness of 300 cd/m2, which means it canno... Read more
Phillips launches new multi-utility monitors
The new monitors are expected to help the electronics manufacturer keep up with recent consumer trends.
The Phillips 5000 series have been one of the most popular monitor choices for millions of consumers worldwide, helping the company remain a relevant household name in the 21st Century.
Phi... Read more
ASML and Philips launch €100 million investment fund
ASML, Philips and several other parties are launching DeepTechXL, a private investment fund. In addition to funding, tech start-ups will have access to the expertise of the Brainport Eindhoven, a high-tech business park in The Netherlands. The fund starts at 100 million euros.
As its name indica... Read more
ASML and Philips take hit after cyberattack on VDL
On the night of October 7th, all went wrong at VDL. The concern became the target of an organization-wide cyber attack. Production at several VDL companies was abruptly halted. Weeks later, the situation seems largely unchanged. Chip manufacturer ASML and technology company Philips announce that th... Read more