Philips reports strong Q2 order growth, increased net income

THE HAGUE, July 29 (Xinhua) -- Dutch electronics giant Philips on Monday reported in its second quarter results a 9 percent increase in orders compared to the same period last year.

In a press release, Philips CEO Roy Jakobs expressed optimism about the company's performance. "I am encouraged by our return to order intake growth this quarter, primarily driven by North America."

The Dutch technology compan