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| Royal Philips Electronics of the Netherlands (AEX: PHI, NYSE: PHG), today established the Philips Chair in International Marketing at the China Europe International Business School (CEIBS) in Shanghai. |
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| Royal Philips Electronics of the Netherlands (AEX: PHI, NYSE: PHI) today announced to sponsor the European University Football League. |
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| During the conference call for the financial press earlier today, Mr. Jan Hommen, Chief Financial Officer of Royal Philips Electronics ... |
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| Net Income of Royal Philips Electronics in the third quarter amounted to a loss of EUR 799 million (a loss of EUR 0.62 per share) compared to a profit of EUR 2,066 million (EUR 1.58 per share) in the corresponding period of 2000. Income from unconsolidated companies came to a loss of EUR 350 million. Income was negatively impacted by after tax charges of EUR 346 million (a loss of EUR 0.27 per share), EUR 125 million of which was in unconsolidated companies. The third quarter of 2000 included one-time gains of EUR 1,295 million (EUR 1.00 per share). |
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Webcast of telephone conference
To replay an audio recording of the telephone conference, call + 31 (0)
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| A downturn in orders will lead to the loss of 570 of the company's 1,200 jobs worldwide. |
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| Today at the Internationale Funkausstellung (IFA), Royal Philips Electronics (AEX: PHI, NYSE: PHG) launched the first commercially available DVD recorder in Europe – the Philips DVDR1000. |
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| Amsterdam, the Netherlands, 16 August 2001- As new technologies in
video recording and playback are rapidly emerging, Philips' Consumer
Electronics Mainstream division is to refocus its VCR activities. |
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| Amsterdam, the Netherlands, August 1, 2001 - Royal Philips Electronics (AEX: PHI, NYSE: PHG) announced today that it has completed the acquisition of the Healthcare Solutions Group (HSG) of Agilent Technologies, Inc. (NYSE: A) for a total purchase price of EUR 2 billion. Philips has paid an amount of EUR 1.9 billion on August 1, 2001. Upon satisfaction of certain post-closing conditions an additional EUR 100 million will be paid. |
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| Amsterdam, the Netherlands, August 1, 2001 - On behalf of Royal Philips Electronics of the Netherlands (AEX: PHI, NYSE: PHG) Gerard Kleisterlee, President and Chief Executive Officer and FIFA president Joseph Blatter today signed the contract that Philips will be an official partner of the 2002 FIFA World Cup Korea/Japan (TM). |