Philips takes profit hit from product safety fault

Dutch electronics giant Philips said Monday sales were up for the second quarter, but that profits took a hit from a recall of faulty sleep and respiratory care equipment.

Newspaleti Newspaleti
Jul 25, 2021 - 22:30
Philips takes profit hit from product safety fault
Dutch electronics giant Philips said Monday sales were up for the second quarter, but that profits took a hit from a recall of faulty sleep and respiratory care equipment.
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