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Industry Center > > Philips Healthcare Company Profile
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Philips Healthcare Company Profile
Philips Healthcare makes it easier to get a look on the inside of things. Its parent company, Royal Philips Electronics, developed the first X-ray tube for medical use in 1918. Today, Philips Healthcare is a top global maker of medical imaging equipment, including X-ray, ultrasound, MR (magnetic resonance), and CT (computed tomography) scanners. The firm also makes patient monitors, resuscitation products, and data management systems, and it offers consulting, financing, training, and maintenance services. Philips Healthcare accounts for about 30% of its parent's sales and has operations in more than 60 countries.
Headlines for Philips Healthcare
Tech Buzz
- Sun Oct 12
Philips Electronics to appeal ruling in $467 million patent lawsuit
- Thu Oct 2
Post-split, larger role for Philips' Bangalore campus
- Sun Oct 5
Price pressure weighs on Philips as lighting split looms
- Mon Oct 20
Soft demand and one-off charges push Philips to third-quarter loss
- Mon Oct 20
Exclusive: Salesforce to make big push into healthcare industry
- Sun Oct 26
Philips says lighting spin-off on track despite quarterly loss
- Mon Oct 20 Will Soon Reveal Its Next $1 Billion Initiative: Healthcare
- Mon Oct 27
Phillips Down 2.3% on Dismal Q3, Runs Loss, Revenues Decline
- Wed Oct 22
First wearable light therapy device to fight psoriasis
- Fri Oct 10
Contact Information
Address: 3000 Minuteman Rd.
Andover, MA 01810-1099
Financial Highlights
Fiscal Year End:December
Key People
CEO: Frans van Houten
Global Head, Operations and Customer Service: Michael Dreher
EVP and CFO: Abhijit Bhattacharya
Industry Information
Top Competitors
GE Healthcare Ltd.
Siemens Healthcare
Toshiba Corporation (tosbf)

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