Philips reported a net loss of 103 million euros in the third quarter today. The electronics company had to put aside money for a lawsuit over two patents. Philips is faced with a fine of nearly 370 million euros.
This weekend all the TV screens in the MediaMarkt went black for a while. This was caused by some fifty Electronic Engineering students. However, the electronics store was not amused by the joke and twenty students were banned from the store, 'Omroep Brabant' (Brabant Broadcasting Corporation) reported.
During the presentation of the Dutch Design Awards design studio Lemz turned out to be the big winner. Their 'Sweetie' won them an award in the Service & Systems category as well as the Future Award. 'Sweetie' has been designed for Terre des Hommes and is meant to fight online sex tourism by means of an avatar that has the appearance of a young girl.
A former student of the Design Academy in Eindhoven, Dave Hakkens, received the Young Designer Award at the Klokgebouw last Saturday night. This award is an incentive prize for young talented designers.
To mark this year's breast cancer awareness month, Philips, in conjunction with the British charity Breast Cancer Care, is launching an updated and fully-interactive version of their innovative Breast Cancer Care mobile app today.