Another element of the reorganization includes Philips' discontinuation of its front projector business in the United States, also effective next month. The U.S. business products unit of the ...

(Bloomberg) -- Royal Philips NV is selling its emergency care business to US-based investment firm Bridgefield Capital to focus on larger units that are more profitable. While Philips didn’t ...

Philips shares took a hit today on fourth-quarter results that included potentially concerning performance in China.

Philips forecast a double-digit sales decline in China for the first half of 2025 after reporting “significant deterioration” ...

Koninklijke Philips NV is a technology company ... The Personal Health segment represents Oral Healthcare business unit, Personal Care business unit, and Mother and Child Care business unit.

“This business exemplifies everything we ... standalone entity,” Mathews added. Philips to drop its home appliances unit in healthcare pursuit, plus a new head of connected care Philips ...

Philips has agreed to sell its emergency care business to Washington D.C.-based investment firm Bridgefield Capital, the companies announced on Tuesday. They did not disclose the terms of the deal.