Koninklijke Philips N.V. recognized as a leading innovator
Advancements made in health technology have earned Koninklijke Philips N.V. (Philips) the recognition as a top 100 innovator in February 2023, according to Clarivate Analytics. These include magnetic connection sealing technology and improved medical imaging. Philips cited its leading technology within the health technology field which helps overall improve consumer health. The company noted that it has helped expand its investments in its R&D department, growing over 1.7 billion EUR which has been a factor as to why it has become one of the leading companies in this industry.
New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.