Philips looks to healthcare innovations to drive growth in tough economic climate
This article was originally published in Clinica
Executive Summary
Dutch electronics giant Philips is shifting its focus more heavily towards healthcare and wellbeing, and away from entertainment products, as part of its plan to maintain growth during the global economic slump. Innovations in these areas are more important than ever, CEO Frans van Houten said at a media event held in Eindhoven this week, attended by Clinica.