Word: eindhoven
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...fined. People driving a standard family sedan will be charged 3 euro cents per kilometer in 2012, with the tax going up every year until 2018, when it is expected to top out at an average of 6.7 cents per kilometer. So, for instance, a trip from Amsterdam to Eindhoven and back - a distance of about 250 kilometers - will cost the driver of a standard sedan about €7.5 ($10.75) in 2012. Rates will be higher during rush hour and for people who drive gas-guzzlers instead of fuel-efficient models. All the revenue will go toward improving road...
...company followed that purchase a year later with the $2.7 billion acquisition of Genlyte, a big U.S. player that makes lights for offices, highways, factories and outdoor advertising. Those deals come on top of its own massive in-house research efforts in R&D labs from Silicon Valley to Eindhoven in the Netherlands...
...portfolio. In a classic make-or-buy decision, Philips dumped its chips and electronics-components units--too capital intensive and too cyclical. Now it is narrowing its focus to consumer technology, lighting and health care. "There's a lot to be done," Van Deursen told his Philips staff in Eindhoven. "Are you ready...
...this simplified, consumer-focused Philips, the idea is that advances in lighting technology can migrate quickly to other parts of the company. At the Catharina Hospital in Eindhoven, heart patients visiting Philips' Ambient Experience catheterization lab can choose from a range of lighting themes, projected onto ceiling screens, to help them relax. And in Philips' new Aurea TV, the shades of light in whatever you're watching are mirrored by lights inside the frame around the screen, luring the viewer...
...Philips needs to address its underperforming share price: the stock has slid 20% on the Amsterdam bourse since July. Citigroup analysts are bullish, however, calling Philips "a growth company masquerading as a restructuring story." Whatever happens, Philips has faced tougher times. Just a short drive across town from the Eindhoven plant, you can visit the company's first factory, where beginning in 1891 it manufactured incandescent lightbulbs for ships and hotels. Back then, the company needed to churn out 500 each day to turn a profit. At the start, it could manage only 400. In case Van Deursen needs...