Foreign media news, after Philips split the business in 2014, the transition to health care became the mission of Philips Medical Technology .
In order to accelerate the transformation, Philips split its business two years ago, and the lighting business was established separately as Philips Lighting, which merged the consumer goods and pharmaceuticals into Philips Medical Technology.
The second quarter of this year's financial report showed that Philips' medical performance increased Philips' net profit by over 50%. Affected by the spin-off of the lighting business and IPO, sales in the quarter fell 2%, and comparable sales increased by 3%.
Philips Medical's gratifying performance is not just now. Before the split, the revenue of the division was 15 billion in 2013. In the year of spin-off, the revenue was 70.9 billion.
In terms of layout medical care, Philips acquired Volcano, a US medical device manufacturer, for $1.2 billion in 2014. The company produces intelligent catheters for the diagnosis of coronary arteries and peripheral arteries, and the application measures blood flow. Since then, it has also been combined with intelligence to launch smart health products such as health watches, smart weight scales, blood pressure monitors and ear thermometers.
Industry data shows that in China alone, online healthcare has tens of billions of markets. In the next few years, it will grow at a rate of 10%. Extending medical care to medical intelligence is enough to show that Philips, the online medical cake, will not be absent. Revenue growth also shows that health business has become the most important income for Philips in the future.
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