Philips Announces Plan for More Than USD 150 Million of New Investment in Manufacturing and R&D in the U.S. to Expand Production of AI-powered Health Technology Innovations
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Philips, a global leader in health technology, today announced a plan for new investments of more than USD 150 million in U.S. manufacturing and research and deve...
What is the expected return on investment (ROI) for the new manufacturing and R&D spend over the next 3‑5 years?
Are there any regulatory or supply‑chain risks associated with scaling up AI‑enabled ultrasound production in the U.S.?
How might this news influence analyst sentiment and target price revisions for PHG?
8 days ago