Philips estimated the costs of the recall at 900 million euros ($915 million). That sum does not cover the possible costs of litigation. The company is facing more than a hundred class action suits.
Phillips has appeared in 28 games with Washington this season; Iorio has recorded a team-high +26 rating in 60 games with ...
Philips looks to AI as seeks to turn the page on defective respirators Medical device manufacturer Philips is betting on innovation as artificial intelligence (AI) transforms the healthcare industry, ...
Philips told users of its BrightView imaging machines the detector might fall because of a component failure. One incident and zero injuries or deaths have been reported. The BrightView machines ...
Roy Jakobs, CEO, Royal Philips, joined TheStreet to discuss which Philips products he's most excited about as it continues shaping the future of healthcare. Roy Jakobs, CEO, Royal Philips, joined ...
In a recent interview with AFP, Philips CEO Roy Jakobs highlighted the company’s strategic pivot towards harnessing ...
Philips has appointed Charlotte Hanneman as chief financial officer from Oct. 1, replacing Abhijit Bhattacharya who is retiring after 37 years with the company. The Dutch health-technology group ...
Previous title: Controller and head of financial planning and analysis, Stryker Philips has named Charlotte Hanneman as its next CFO. Hanneman will succeed Abhijit Bhattacharya in October ...
Product recalls are becoming more common in the U.S.: The number of recalled products reached a five-year high last year, according to a recent report, with around 3,300 recalls reported across ...
Philips has a development partnership with Amazon Web Services, but Jakobs said the company is agnostic about cloud storage. "So we work with any cloud provider," he said. "And in China, it's ...
Philips is on the cutting edge of healthcare innovation with a wide range of medical devices and products. Roy Jakobs, CEO, Royal Philips, joined TheStreet to discuss which Philips products he's ...