Royal Philips NV fell the most in 26 years after the medical technology firm slashed its annual sales-growth forecast on tepid demand in China. Philips expects comparable sales to grow as much as ...

AMSTERDAM, Oct 28 (Reuters) - Philips (PHG.AS), opens new tab said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales ...

(Bloomberg) -- Royal Philips NV fell the most in 26 years after the medical technology firm slashed its annual sales-growth forecast on tepid demand in China. Philips expects comparable sales to grow ...

AMSTERDAM (Reuters) -Philips (PHG, PHIA.AS) said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales outlook for the ...

Philips' (NYSE:PHG) latest announcement sent shockwaves through the market, revealing a sharp downward revision in its sales outlook amid a drastic decline in demand from China. This news has made ...

Philips Respironics has notified suppliers that it plans to outsource manufacturing operations from its Pennsylvania facilities in Murrysville and New Kensington to Thailand. That’s according to ...

Philips has slashed its sales growth forecast after seeing a “significant deterioration” in demand in China in the third quarter, the company said Monday. Falling sales and orders in China dragged on ...