Philips CEO Roy Jakobs Talks Company Earnings, Expectations

Roy Jakobs, the CEO of Philips and a leader in the healthcare technology sector, discusses the company's outlook amidst challenges like declining demand in China. He emphasizes robust market growth in North America, particularly for sleep apnea solutions. Jakobs elaborates on the impact of US-China tariffs and their strategic responses, including supply chain localization and AI investments. He also shares insights into Philips’ shift in focus toward imaging and personal health, highlighting potential opportunities for re-entering key markets.