Losses Philips reach € 740 000 per day
Philips continues to incur losses as a huge scale. Only during the first quarter of this year the company lost € 74 million losses reached € 740 000 per day.

Despite the fact that the American market for medical equipment is currently not in the best condition, Philips will continue to work in this area. In doing so, a leader in the production of goods for health will continue to support research and to invest in marketing. Despite all the encouraging factors, the situation is likely to force the company to sell shares in LG Display.
Last time was more difficult
«We are still confident that Philips will be released from the crisis even stronger company. Of course, the reputation that we earned on our main line, does not guarantee against the adverse impact of market problems, but it is much harder than a reputation that has been with us during a previous crisis », – said the company president Gerard Klyaysterli (Gerard Kleisterlee).







