Business Highlights in Q2
Philips and Westchester Medical Center Health Network entered into a multi-year, USD 500 million managed services partnership to transform and improve healthcare for 3 million patients. The agreement includes consulting services, medical technologies and clinical informatics solutions, and aims to improve all care areas, including radiology, cardiology, neurology, oncology and pediatrics.
A diversified portfolio of innovations delivered results for Male Grooming in the quarter, with Asian markets particularly strong. In Japan, the ongoing success of the premium Philips Shaver series 9000 drove market share, as did continued demand for Philips VisaPure for Men. In South Korea, Philips Shaver series 7000, a proposition for sensitive skin, is selling well, while in India the launch of affordable beard trimmers in tier 2 and 3 cities drove strong growth.
Philips will outfit the New NY Bridge in New York with cloud-based connected LED lighting, transforming this iconic landmark through remotely programmed dynamic colorful architectural lighting and roadway lighting. The project involves Philips ActiveSite and Philips CityTouch cloud-based systems, allowing remote monitoring and management. It is the largest, most advanced architectural bridge and roadway infrastructure project in the USA.