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Philips CEO Says Chinese Market Is Slowly Recovering

ReutersJul 29, 2025 5:58 AM

- Koninklijke Philips NV PHG.AS CEO Roy Jakobs in a media call:

  • ORDER INTAKE IN CHINA IS IMPROVING, MARKET IS SLOWLY RECOVERING - MEDIA CALL

  • ON CHINESE RESTRICTIONS ON EU MEDICAL EQUIPMENTS: WE HAVE LOCALISED 90% OF WHAT WE SELL IN CHINA - MEDIA CALL

  • ON US-EU TRADE DEAL: WE ARE STILL ASKING TO EXEMPT HEALTHCARE FROM TARIFFS - MEDIA CALL

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