European health electronics giant Royal Philips (Royal Philips N.V) announced on Monday in the second quarter, thanks to austerity cost-benefit appeared, Philips has not only better than expected profit in the quarter, and the second half of the year is expected to continue to improve.

Surplus before interest, tax, depreciation of philips in the adjusted year increased by 8.6%, as 544 million euros ($596 million), better than the average analyst estimate of 519 million euros. Philips, chief executive of marriott, (Frans van Houten) said in a statement, the second half of earnings forecast is still promising, but keep an eye on for several market uncertainty also increases.

In the face of Chinese competitors menacing, philips besides technology, improving product function, also the austerity measures, to the surplus Thai, maintaining profitability. Although philips revenue from last year's 5.97 billion euro fell to 5.86 billion euros, but the distributable profit from 0.3 euros to 0.46 euros. (dow Jones) --

Philips Lumileds in lighting business split into independent subsidiary, on the one hand, to expand health services business, on the other hand is trying to sell Lumileds. Although under the blocking, talked about good Lumileds originally sold to Chinese jinsha river (GO Scale Capital) has broken, for sure, but sell philips Lumileds idea remains unchanged.