Sources
U.S. Commerce Dept."Philips is investing more than $150 million toward U.S. manufacturing and research and development with the goal of expanding the production of AI-powered health technology innovations."
TENET RESEARCH$PHG - 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
Markets NewsPhilips to invest over $150 million in U.S. manufacturing and R&D, expanding its Pennsylvania facility to advance AI health technology. $NDXP

