Name: Philips (PHG) Invests $150M+ in U.S. AI Ultrasound Expansion, Creating 100 Jobs
Uploaded: 2025-08-15T21:16:16.623-05:00
Duration: 5 min 23 s

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Join Schwab’s panel of experts on&nbsp;December&nbsp;11th for 2026 Market Outlook — your guide to the forces shaping stocks, global markets, inflation, rates, and more.&nbsp;Hear from experts on where the markets may be heading, spot opportunities, and see what could drive your portfolio next year.Tune in on&nbsp;Thursday,&nbsp;December&nbsp;11th&nbsp;at 7pm Eastern on Schwab Network.

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Philips (PHG) plans to invest over $150M in U.S. manufacturing and R&amp;D, expanding production of its AI-enabled ultrasound systems. Global Chief Operations Officer Wim Appelo joins to discuss the investment, which takes Philips' total U.S. investment to over $1B/year. Appelo highlights how AI integration in ultrasounds drives efficiency and capability, particularly in diagnosing coronary artery disease and cardiovascular issues. The investment is expected to create over 100 new jobs in Pennsylvania.

Philips (PHG) Invests $150M+ in U.S. AI Ultrasound Expansion, Creating 100 Jobs

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