Healthcare sales fell at an underlying rate of 1% from a year earlier, while overall lighting sales were flat due to weak demand from the construction sector.

BBC: Philips sees booming LED lighting sales

Richardson expects that transparent Organic Light-Emitting Diodes (OLEDs) will be embedded in structural glass, so that flat clear panels will provide a plethora of lighting options.

FORBES: Far Future Of The Living Room

The company said global demand for flat-panel TVs and digital devices had weakened, though sales of LED lighting and in-car equipment had grown.

BBC: Panasonic and Sharp stick to glum forecasts