Philips

Philips spotlights new integrated informatics and system solutions to drive workflow optimization and advance precision diagnosis at ECR 2021

Tuesday, March 2, 2021 - 9:00am

At ECR 2021, Philips will showcase integrated, end-to-end solutions designed to provide more informed and confident decision-making.

Key Points: 
  • At ECR 2021, Philips will showcase integrated, end-to-end solutions designed to provide more informed and confident decision-making.
  • Philips will debut new technologies supporting its vendor-agnostic Radiology Workflow Suite at ECR, alongside its robust portfolio of clinically optimized diagnostic and interventional solutions.
  • New and enhanced solutions supporting Philips Radiology Workflow Suite include:
    Philips Collaboration Live for Tele-Ultrasound.
  • Philips will also host two symposia sessions during ECR addressing critical areas of challenge and opportunity for radiology leaders:

Shez Partovi to succeed Jeroen Tas as Philips’ Chief Innovation & Strategy Officer

Tuesday, March 2, 2021 - 8:00am

Amsterdam, the Netherlands Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that Shez Partovi will join Philips Executive Committee, effective from March 22, 2021, in order to succeed Jeroen Tas as Chief Innovation & Strategy Officer, effective from July 1, 2021.

Key Points: 
  • Amsterdam, the Netherlands Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that Shez Partovi will join Philips Executive Committee, effective from March 22, 2021, in order to succeed Jeroen Tas as Chief Innovation & Strategy Officer, effective from July 1, 2021.
  • Mr. Partovi will report directly to CEO Frans van Houten and work closely with Mr. Tas to ensure a seamless transition.
  • Mr. Tas, who joined Philips in 2011 as Chief Information Officer and became Chief Innovation & Strategy Officer in 2017, has made a personal decision to assume a part-time position in Philips focused on continuation of the companys strategic business development until the end of 2022.
  • On behalf of Philips Executive Committee, I am very pleased to welcome Shez Partovi as our new Chief Innovation & Strategy Officer, said Frans van Houten, CEO of Royal Philips.

NXP Unveils Advanced i.MX Applications Processors with Easy-to-Deploy Security, Energy Efficiency and Scalability for the Industrial and IoT Edge

Monday, March 1, 2021 - 12:00pm

The EdgeLock secure enclave intelligently tracks power transitions when end-user applications are running to help prevent new attack surfaces from emerging.

Key Points: 
  • The EdgeLock secure enclave intelligently tracks power transitions when end-user applications are running to help prevent new attack surfaces from emerging.
  • NXP partnered with Microsoft to bring this capability to its customers with Azure Sphere chip-to-cloud security in the i.MX 8ULP-CS (cloud secured) applications processor family.
  • As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IoT, mobile, and communication infrastructure markets.
  • NXP, the NXP logo and EdgeLock are trademarks ofNXP B.V. All other product or service names are the property of their respective owners.

Philips again recognized as a Clarivate Top 100 Global Innovator

Friday, February 26, 2021 - 10:00am

Our global R&D program and strong intellectual property portfolio continue to fuel our ability to truly impact global health challenges through innovation, said Frans van Houten, CEO of Royal Philips.

Key Points: 
  • Our global R&D program and strong intellectual property portfolio continue to fuel our ability to truly impact global health challenges through innovation, said Frans van Houten, CEO of Royal Philips.
  • I am very pleased that we have again been named as a Clarivate Top 100 Global Innovator, for the 8th consecutive year.
  • The Clarivate Top 100 Global Innovators 2021 come from three continents and 14 countries/regions.
  • [1] To compile its Clarivate Top 100 Global Innovators list, Clarivate tracks innovation based on four indicators: 1.

Global Wearable Patch Markets Report 2020: Partnerships, Collaborations and Agreements / Product Launches and Product Expansions / Approvals

Wednesday, February 24, 2021 - 11:15am

The Global Wearable Patch Market size is expected to reach $12.6 billion by 2026, rising at a market growth of 10.6% CAGR during the forecast period.

Key Points: 
  • The Global Wearable Patch Market size is expected to reach $12.6 billion by 2026, rising at a market growth of 10.6% CAGR during the forecast period.
  • These patches are helpful in maintaining health and wellbeing in ageing patients suffering from prolonged conditions like diabetes and others.
  • Growing acceptance of wearable patches in developing countries and rising adoption towards healthy lifestyle in order to create profitable prospects for wearable patches market.
  • Based on the Analysis presented in the Cardinal matrix; Koninklijke Philips N.V., Abbott Laboratories, Qualcomm, Inc., and L'Oreal Group are forerunners in the Wearable Patch Market.

MetLife and Principal to Provide Annuity Benefits to Philips North America, LLC Retirement Participants

Tuesday, February 23, 2021 - 5:30pm

Principal Financial Group and Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (MetLife), announced today they entered into an agreement with Philips North America LLC (Philips) to transfer approximately $1.2 billion of Philips North America Pension Plan obligations to Principal Financial Group (Principal) and MetLife.

Key Points: 
  • Principal Financial Group and Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (MetLife), announced today they entered into an agreement with Philips North America LLC (Philips) to transfer approximately $1.2 billion of Philips North America Pension Plan obligations to Principal Financial Group (Principal) and MetLife.
  • MetLife is pleased Philips entrusted us, along with Principal, to provide guaranteed lifetime income to the companys retirement participants, said Graham Cox, executive vice president and head of Retirement & Income Solutions at MetLife.
  • MetLife will act as the lead administrator for the monthly benefits for approximately 9,000 retirees and their beneficiaries in the Philips North America Pension Plan.
  • Principal will have financial responsibility for a portion of these monthly benefits and will settle such obligations directly with MetLife.

New Philips Brilliance 279P1 LCD Monitor with USB-C Connectivity

Tuesday, February 23, 2021 - 2:00pm

MILPITAS, Calif., Feb. 23, 2021 /PRNewswire-PRWeb/ -- Envision Peripherals, Inc. (EPI), an affiliate of TPV Technology Limited (TPV), today debuts the Philips Brilliance 279P1 LCD monitor with USB-C connectivity .

Key Points: 
  • MILPITAS, Calif., Feb. 23, 2021 /PRNewswire-PRWeb/ -- Envision Peripherals, Inc. (EPI), an affiliate of TPV Technology Limited (TPV), today debuts the Philips Brilliance 279P1 LCD monitor with USB-C connectivity .
  • The Brilliance 279P1 offers users UltraClear 4K UHD on an IPS panel, with convenient USB-C connection.
  • The Philips 279P1 is available on Amazon at https://www.amazon.com/dp/B08KFLY9DQ for $349.99 USD, starting February 23, 2021 at 12:01 AM PST.
  • Equipped with PowerSensor and LightSensor, the Philips 279P1 saves up to 80% energy cost while deliver the ideal brightness.

Intraoperative Imaging Market worth $2.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

Tuesday, February 23, 2021 - 12:30pm

Demand for intraoperative imaging from key end-users has declined a bit amidst the global COVID-19 pandemic.

Key Points: 
  • Demand for intraoperative imaging from key end-users has declined a bit amidst the global COVID-19 pandemic.
  • Mobile C-arms are medical imaging devices that comprise a generator, the X-ray source, and an image intensifier or flat-panel detector.
  • Asia Pacific likely to emerge as the fastest growing intraoperative imaging market, globally
    Geographically, the emerging Asian countries, such as China, India, South Korea, Taiwan, and Singapore, are offering high-growth opportunities for market players.
  • Prominent players in this market General Electric Company (US), Siemens Healthineers AG (Germany), Ziehm Imaging GmbH (Germany), Medtronic (Ireland), and Koninklijke Philips N.V. (Netherlands) were the top five players in the global intraoperative imaging market.

Intraoperative Imaging Market worth $2.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

Tuesday, February 23, 2021 - 12:30pm

Demand for intraoperative imaging from key end-users has declined a bit amidst the global COVID-19 pandemic.

Key Points: 
  • Demand for intraoperative imaging from key end-users has declined a bit amidst the global COVID-19 pandemic.
  • Mobile C-arms are medical imaging devices that comprise a generator, the X-ray source, and an image intensifier or flat-panel detector.
  • Asia Pacific likely to emerge as the fastest growing intraoperative imaging market, globally
    Geographically, the emerging Asian countries, such as China, India, South Korea, Taiwan, and Singapore, are offering high-growth opportunities for market players.
  • Prominent players in this market General Electric Company (US), Siemens Healthineers AG (Germany), Ziehm Imaging GmbH (Germany), Medtronic (Ireland), and Koninklijke Philips N.V. (Netherlands) were the top five players in the global intraoperative imaging market.

Philips meets its ‘Healthy people, Sustainable planet’ targets and forges ahead with integrated ESG framework

Tuesday, February 23, 2021 - 9:00am

Our current integrated ESG framework builds on this success, and we are determined to join forces with all necessary stakeholders, public and private, to drive environmental, social and governance priorities and generate global impact.

Key Points: 
  • Our current integrated ESG framework builds on this success, and we are determined to join forces with all necessary stakeholders, public and private, to drive environmental, social and governance priorities and generate global impact.
  • Philips Environmental, Social and Governance update is an integral part of the Philips Annual Report 2020, which was published earlier today.
  • Highlights include:
    Renewable energy sources: Through consortium-led virtual Power Purchase Agreements , Philips is securing renewable electricity supply to power its European operations.
  • Moreover, gender diversity in senior leadership positions was 27% by the end of 2020, exceeding Philips target of 25%.