Monday, May 4, 2026
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Tag: Frans van Houten

Philips eyeing return to profit despite sharp fall in demand

Dutch electronics giant Philips said Monday that net profits fell in the second quarter due to the coronavirus outbreak, but believed it would return...

Philips ramps up production of ventilators, other products

Health technology company Royal Philips has increased production of certain critical care products and solutions that help diagnose and treat patients with coronavirus disease.  The...
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