Koninklijke Philips N.V. NY Registry Shares (PHG)
Frequently Asked Questions About Koninklijke Philips N.V. NY Registry Shares (PHG)
Does Koninklijke Philips N.V. engage in research and development?
Yes, Philips invests heavily in research and development, allocating a significant portion of its revenue to drive innovation in healthcare technology. The company has numerous R&D centers worldwide where it works on developing cutting-edge medical devices and health solutions.
How does Koninklijke Philips N.V. contribute to community health initiatives?
Philips engages in various community health initiatives, often partnering with governments and NGOs to improve healthcare access and outcomes, particularly in underserved areas, through innovative programs and technology-driven solutions.
How does Koninklijke Philips N.V. support healthcare professionals?
Philips supports healthcare professionals by providing them with advanced tools and solutions that enhance diagnostic accuracy, patient monitoring, and treatment processes, thereby improving efficiency and outcomes in various healthcare settings.
How many employees does Koninklijke Philips N.V. have?
Philips employs approximately 80,000 people globally, with a strong emphasis on research and development to foster innovation in health technologies and solutions.
Is Koninklijke Philips N.V. publicly traded?
Yes, Koninklijke Philips N.V. is publicly traded on the Amsterdam Stock Exchange and also has American Depositary Shares listed on the New York Stock Exchange under the ticker symbol PHG.
What are some recent innovations by Koninklijke Philips N.V.?
Philips has made several recent innovations, including advanced imaging technologies for diagnostics, telehealth solutions for remote patient monitoring, and smart personal health devices that leverage artificial intelligence to promote wellness and prevention.
What are the main business segments of Koninklijke Philips N.V.?
Philips operates through three main business segments: Personal Health, which includes consumer products and home care; Diagnosis & Treatment, which focuses on imaging, image-guided therapy, and patient monitoring; and Connected Care, which integrates health informatics and remote patient monitoring.
What does Koninklijke Philips N.V. do?
Koninklijke Philips N.V. is a global health technology company focused on improving people’s health and well-being through meaningful innovation. Their product range spans from diagnostic imaging and image-guided therapy to patient monitoring and health informatics, as well as personal health products such as consumer electronics and home healthcare devices.
What future trends is Koninklijke Philips N.V. focusing on?
Philips is focused on several future trends, including the rise of telehealth, the integration of artificial intelligence in healthcare, the development of personalized medicine, and the increasing importance of sustainability in product development and operations.
What is Philips' approach to sustainability?
Philips is committed to sustainability and aims to become carbon-neutral in its operations by 2025. The company focuses on creating energy-efficient products, reducing waste, and promoting circular economy principles through the design and lifecycle of its offerings.
What is the historical significance of lighting for Koninklijke Philips N.V.?
Lighting was the original focus of Philips when it was founded in 1891, and the company became one of the leading manufacturers of light bulbs and lighting systems. While Philips has diversified significantly over time, it still retains a legacy of innovation in lighting technology.
What is the mission of Koninklijke Philips N.V.?
The mission of Philips is to improve lives through meaningful innovation by advancing health technology solutions that lead to better patient outcomes and enhance the quality of life for individuals around the world.
What is the role of digital health in Koninklijke Philips N.V.'s strategy?
Digital health plays a critical role in Philips' strategy, as the company integrates digital platforms and data analytics into its healthcare solutions, facilitating better diagnosis, treatment, and patient engagement through connected technologies and personalized healthcare.
What is the significance of the Philips brand in consumer health?
The Philips brand is recognized globally for its commitment to quality and innovation in consumer health products, ranging from personal care appliances to home healthcare devices, all designed to improve everyday health and well-being.
What is the vision of Koninklijke Philips N.V.?
Philips envisions a world where everyone can enjoy healthier lives, enabled by innovative health technology solutions that connect care across the continuum, from wellness and prevention to diagnosis and treatment.
What role does technology play in Philips' products?
Technology is at the core of Philips' product offerings, incorporating advanced features such as artificial intelligence, machine learning, and connectivity to enhance functionality and improve healthcare outcomes for patients and providers alike.
When was Koninklijke Philips N.V. founded?
Philips was founded in 1891 by Gerard and Anton Philips in Eindhoven, Netherlands. Originally a manufacturer of light bulbs, the company has evolved significantly over the decades into a major player in health technology and consumer electronics.
Where is Koninklijke Philips N.V. headquartered?
Philips is headquartered in Amsterdam, Netherlands. This location serves as the central hub for its global operations, allowing the company to coordinate its extensive research, manufacturing, and sales efforts across various countries.
Who are Koninklijke Philips N.V.'s main competitors?
Philips faces competition from several major companies in the health technology sector, including Siemens Healthineers, GE Healthcare, Johnson & Johnson, and Medtronic, all of which provide various medical devices and healthcare solutions.
What is the current price of Koninklijke Philips N.V. NY Registry Shares?
The current price of Koninklijke Philips N.V. NY Registry Shares is 24.84
When was Koninklijke Philips N.V. NY Registry Shares last traded?
The last trade of Koninklijke Philips N.V. NY Registry Shares was at 4:10 pm EDT on April 2nd, 2025