AMSTERDAM – Uncertainty in China dimmed its overall financial results, but Philips pointed to continued improvements by Sleep & Respiratory Care, part of its Connected Care business, as a highlight ...
The Indian Computer Emergency Response Team (CERT-In) announced two critical vulnerabilities affecting Philips Smart Lighting products and Matrix Door Controller devices. Multiple Philips smart ...
WEST PALM BEACH — Deputies arrested a man accused of yelling anti-Semitic and racial slurs at a woman campaigning outside of an early voting site in Loxahatchee, according to the Palm Beach ...
Amsterdam: Dutch medical devices maker Philips on Monday lowered its sales forecast for the year due to declining demand in China, which pushed its order intake down 2% in the third quarter.
Philips (NYSE:PHG) ADRs slipped ~16% Monday morning, the most in 26 years, after the company lowered its annual sales forecast, citing significant deterioration in China demand. The Dutch medical ...
Royal Philips NV fell the most in 26 years after the medical technology firm slashed its annual sales-growth forecast on tepid demand in China. Philips expects comparable sales to grow as much as ...
AMSTERDAM, Oct 28 (Reuters) - Philips (PHG.AS), opens new tab said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales ...
China remains a fundamentally attractive growth market for Philips in the long term, with market conditions expected to remain uncertain. Philips expects full-year 2024 comparable sales growth of ...
(RTTNews) - Shares of Philips N.V. were losing around 17 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE, after the Dutch consumer electronics giant ...
Roy Jakobs, CEO of Royal Philips: “In the quarter, demand from hospitals and consumers in China further deteriorated, while we continue to see solid growth in other regions. We have adjusted our ...
AMSTERDAM (Reuters) -Philips (PHG, PHIA.AS) said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales outlook for the ...
Philips (PHG) stock fell more than 16% Monday after the Dutch medical device giant lowered its sales outlook on continued lower demand in China. The company reported revenue of $4.6 billion in the ...