After a few years of serious challenges, Philips is finally gaining some confidence, thanks to favourable testing results, recovering operations and a big new investor coming on board. And now an agreement to resolve all economic loss claims pertaining to respiratory devices is a welcome step. While, besides some unsettled litigation risks, newer challenges – particularly in China – have come to fore in recent times, it is unlikely to derail the firm’s recovery momentum. Overall, our recommendat ....
