Philips sees lower comparable sales in first quarter on weak China spending
Philips forecast a mid-single-digit decline in first-quarter comparable sales on Wednesday partly due to weak China spending, after the Dutch healthcare technology company missed expectations for the final three months of last year.
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Philips today announced a collaboration with Mass General Brigham to develop and deploy data infrastructure and AI.
Philips has today posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a ...
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Philips CEO Roy Jakobs expects the subdued demand in China to continue in 2025, as tariffs also cause market uncertainty.
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