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About Koninklijke Philips N.V.

CEO
Frans van Houten
Employees
2020
Headquarters

Amstelplein 2
Amsterdam, Noord Holland 1096 BC
Phone: 31205977777
https://www.philips.com/

News

Comparing Taiwan Semiconductor With Industry Competitors In Semiconductors & Semiconductor Equipment Industry
May 17, 2024 15:00pm

In today''s rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Taiwan Semiconductor (NYSE: TSM ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company''s performance within the industry. Taiwan Semiconductor Background Taiwan Semiconductor Manufacturing Co. is the world''s largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC''s scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC.


Source:Benzinga
Royal Philips: Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its AI-powered cardiac monitoring solutions
May 17, 2024 08:06am

May 17, 2024 Three studies demonstrate how Philips MCOT wearable ambulatory monitoring ECG and proprietary AI models applied to ECG digital biomarkers can help to improve diagnosis, reduce readmis…


Source:Finanz Nachrichten
Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its ...
May 17, 2024 08:02am

May 17, 2024


Source:San Mateo Daily Journal
Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its AI-powered cardiac monitoring solutions
May 17, 2024 08:00am

May 17, 2024


Source:GlobeNewswire
Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its AI-powered cardiac monitoring solutions | PHG Stock News
May 17, 2024 08:00am

Philips'' AI-powered MCOT slashes stroke readmissions by 30.2%, cuts costs by $27,429, and boosts survival rates, showcased at Heart Rhythm Annual Meeting. Discover more!


Source:Stock Titan
Hospital chain Artemis Medicare raises Rs 330 crore from IFC
May 16, 2024 12:04pm

Artemis Medicare Services has raised Rs 330 crore from IFC to increase bed capacity and introduce advanced specialty services. The company plans to set up cardiac care centers, expand in tier 2 and 3 cities, and in the Delhi NCR region through brownfield and greenfield opportunities. Artemis operates 713 beds in the Delhi NCR region and runs seven centres under the Artemis Cardiac Care brand in a joint venture with Philips.


Source:Economic Times India
Philips'' Gets FDA Recall for Trilogy Ventilator Glitch
May 15, 2024 19:36pm

Koninklijke Philips (NYSE: PHG ) notified its customers about a possible power malfunction in its Trilogy Evo continuous ventilators and initiated a software update to resolve the same in March. The FDA classified this action as Class I level recall, the most serious type of recall, as the use of these devices without the software update may cause serious injuries or death. This recall is a correction and not a product removal. It includes all susceptible devices — Trilogy EVO, Trilogy EV300, Trilogy Evo O2, and Trilogy Evo Universal. The company also informed that these ventilators can issue a "Battery Depleted" or "Loss of Power" alarm while sufficient power is still available due to the software issue. Price Performance For the past six months, PHG''s shares have gained 29.5% compared with the industry''s rise of 13.3%. The S&P 500 increased 16.2% in the same time frame. Image Source: Zacks Investment Research More on the Trilogy Ventilators The Trilogy ventilators use a microprocessor-controlled blower to provide pressure support, pressure control, or volume control during breathing support.


Source:Benzinga
Philips Sets Exchange Ratio for 2023 Dividend
May 15, 2024 12:33pm

Koninklijke Philips N.V. (PHG) has released an update. Royal Philips has announced the exchange ratio for its 2023 dividend, setting the conversion…


Source:TipRanks
Royal Philips: Philips announces exchange ratio for 2023 dividend
May 15, 2024 09:10am

May 15, 2024 Amsterdam, the Netherlands - Royal Philips(NYSE: PHG, AEX: PHIA), today announced that the exchange ratio for the dividend for the year 2023 is 1 new common share for every 29.2684 exi…


Source:Finanz Nachrichten
Global OEMs, Konga partner on tech month
May 15, 2024 03:14am

An e-Commerce firm, Konga Online, has partnered with global original equipment manufacturers (OEMs) like Samsung, Apple, Starlink, HP, Lenovo, Hisense, Zinox, Philips, Nokia and Infinix on daily site takeover. The post Global OEMs, Konga partner on tech month appeared first on The Guardian Nigeria News - Nigeria and World News .


Source:The Guardian Nigeria