Royal Philips

Koninklijke Philips NV is a technology company, which engages in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Diagnosis and Treatment businesses; Connected Care businesses; Personal Health businesses; and Other. The Diagnosis and Treatment businesses segment consists systems, smart devices, software and services, powered by AI-enabled informatics-that support precision diagnoses and minimally invasive procedures in therapeutic areas such as cardiology, peripheral vascular, neurology, surgery, and oncology. The Connected Care businesses segment consists Hospital Patient Monitoring, Emergency Care, Sleep & Respiratory Care and Connected Care Informatics. The Personal Health businesses segment consists of Oral Healthcare, Personal Care,Mother and Child Care. The Other segment reports on the items Innovation & Strategy, IP Royalties, Central costs, and other small items. The company was founded by Anton Frederik Philips and Gerard Leonard Frederik Philips in 1891 and is headquartered in Amsterdam, the Netherlands.

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Koninklijke Philips NV is a technology company, which engages in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Diagnosis and Treatment; Connected Care; Personal Health; and Other. The Diagnosis and Treatment segment consists of systems, smart devices, software, and services, powered by AI-enabled solutions that support precision diagnoses and minimally invasive treatment in therapeutic areas such as cardiology, peripheral vascular, neurology, surgery, and oncology. The Connected Care segment focuses on Hospital Patient Monitoring, Sleep and Respiratory Care, and Enterprise Informatics. The Personal Health segment represents Oral Healthcare business unit, Personal Care business unit, and Mother and Child Care business unit. The Other segment is involved on the Innovation and Strategy, IP Royalties, Central costs, and other small items. The company was founded by Anton Frederik Philips and Gerard Leonard Frederik Philips in 1891 and is headquartered in Amsterdam, the Netherlands.

The U.S. Department of Health and Human Services has terminated its ventilator contract with Philips; Philips will deliver only about 30% of the expected ventilators, creating a $460M shortfall.

A Busy Week For Philips, But Underperformance Creates Some Opportunity

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the company earned several spots on the Forbes list of America’s Best Employers by State.

Philips Featured on Forbes List of America’s Best Employers by State

Smart lighting company Philips Hue has a new product in its home entertainment catalog that should make a smart TV lighting setup much easier and more powerful. The new Philips Hue Play gradient lightstrip features individually-addressable full-color LEDs, meaning each one can be tuned to a different color independent of the rest for a more […]

Philips Hue’s new Play gradient lightstrip promises a big upgrade for home entertainment spaces

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In the latest trading session, Royal Philips (PHG) closed at $47.73, marking a +0.51% move from the previous day.

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Intuitive, integrated and efficient – world premiere of Philips’ next-generation Azurion image-guided therapy platform

The Subcommittee on Economic and Consumer Policy is seeking documentation on every contract negotiated by White House trade advisor Peter Navarro.

House panel opens probe of White House trade advisor Navarro after abrupt cancellation of ventilator contract

Philips said the U.S. Department of Health had cancelled most of an order for 43,000 ventilators, leading the Dutch medical equipment maker to cut its 2020 earnings outlook.

U.S. scraps Philips ventilator order in 2020 earnings blow

Electrical equipment maker Philips on Monday said the U.S. Department of Health had cancelled the bulk of an order for 43,000 hospital ventilators, leading it to cut its 2020 earnings outlook.

United States halts order of Philips ventilators, earnings to be hit

August 31, 2020  Amsterdam, the Netherlands –   Royal Philips  (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has received notice from the U.S. Department of Health and Human Services (HHS) of the partial termination of the  April 2020 contract  to deliver 43,000 bundled EV300 ventilator configurations to HHS through December 2020. Philips will complete the deliveries for this month, resulting in a total of 12,300 bundled ventilator configurations supplied to the Strategic National Stockpile by the end of August 2020, in line with the contract. As directed by HHS, Philips will not supply the remaining 30,700 Philips EV300 ventilators to the Strategic National Stockpile.

Philips EV300 ventilator supply contract with U.S. Department of Health and Human Services to end after delivery of 12,300 bundled ventilator configurations

Philips expands its dedicated cardiovascular ultrasound offering by launching Affiniti CVx for increased productivity

Philips debuts impactful solutions in cardiology at ESC 2020 to deliver better patient care with greater efficiency

Philips to expand its image-guided therapy devices portfolio through acquisition of Intact Vascular

Philips announces new imaging and workflow enhancements for KODEX-EPD cardiac imaging and mapping system to treat heart rhythm disorders

BETHLEHEM, Pa., Aug. 25, 2020 /PRNewswire/ -- Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and B.

Philips and B. Braun receive FDA clearance for breakthrough Onvision® Needle Tip Tracking technology for regional anesthesia

Is  (PHG) Outperforming Other Computer and Technology Stocks This Year?

Is Koninklijke Philips N.V. (PHG) Stock Outpacing Its Computer and Technology Peers This Year?

Philips and B. Braun receive FDA clearance for breakthrough Onvision needle tip tracking technology for regional anesthesia

Philips introduces OmniWire, the world’s first solid core pressure guide wire for coronary artery interventional procedures

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Philips launches Rapid Equipment Deployment Kit to COVID-19 response

Philips makes access to care and personalized telehealth for local communities real with Virtual Care Station

Dutch healthcare equipment company Philips said on Friday it had not sought to profit by raising the price of the ventilators it manufactures during the coronavirus crisis.

Philips says it did not profiteer on ventilators amid coronavirus

Philips responds to Congressional report

Philips launches pre-hospital wireless monitoring solution for emergency medical response in U.S.

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