Leon Cheng Deng

Philips Q2 Profit Surges, Confirms FY24 View; Stock Climbs Shares of Royal Philips NV were gaining around 11 percent in the morning trading in Amsterdam as well as in the pre-market activity on the NYSE after the Dutch consumer electronics giant reported Monday significantly higher profit in its second quarter benefited by insurance income related to the Respironics product liability claims, despite nearly flat sales. Further, the company maintained outlook for fiscal 2024. For fiscal 2024, Philips continues to expect 3 percent to 5 percent comparable sales growth, an adjusted EBITA margin of 11 percent to 11.5 percent, and free cash flow of 0.9 billion euros to 1.1 billion euros. The outlook excludes the potential impact of the ongoing Philips Respironics-related legal proceedings, including the investigation by the US Department of Justice. #Philips #earnings #consumerelectronics #Europemarkets

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Samsung announces second quarter financial results, legal person is optimistic about high-end wafer foundry, crystal technology Samsung's second-quarter financial report shows an operating profit of 10.45 trillion won, a 58% increase from the previous quarter, driven primarily by memory and panels. After-tax net profit reached 9.8 trillion won, up 45.7%, marking the highest first-quarter profit since last year. The semiconductor sector benefitted significantly from increased AI memory shipments, and the SDC business improved due to new iPhone orders and new OLED clients. Conversely, the MX department's revenue fell by 18.34% quarter-on-quarter due to a decline in shipments and average selling price following the peak of the flagship mobile phone era. Analysts noted that the semiconductor industry is performing well, particularly in AI Server applications, while overall growth for other sectors remains moderate. Samsung's new Galaxy Z Fold 6 and Z Flip 6, introduced in the third quarter, are considered flagship devices, utilizing Qualcomm 8Gen3 processors from TSMC. The report highlights that Korean manufacturers dominate the supply chain for components, with limited benefits expected for Taiwanese factories, though crystal technology is likely to gain from this positioning. #Semiconductors #Taiwan https://lnkd.in/gyd6PHCA

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With #healthcare systems increasingly strained by rising demand and limited resources, patients around the world are facing challenges to get the care they need in a timely manner. In one of our most popular blogposts from the past year, Philips CEO Roy Jakobs calls for systematic change, driven by all ecosystem players, that addresses technology, clinical practice, financing and regulation as a whole. https://lnkd.in/dpHu4fcN

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ASML announced on Monday that its first-quarter profits surpassed expectations, but sales fell short of forecasts. The company remains committed to its full-year outlook. CEO Peter Wennink described 2024 as a "transition year" for ASML. The company reiterated its expectation for 2024 net sales to be comparable to 2023. In 2023, ASML reported net sales of 27.6 billion euros. https://lnkd.in/d8_JSdb2 www.ceoclubsworldwide.com #BusinessInsight #ASML #Earnings #Sales #Outlook #CEO #TransitionYear #NetSales #Forecasts #CeoClubsWorldwide #Business #CeoclubsPakistanChapter #SuccessMindset #CEOClubsWorldwidePakistan #Pakistan

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Healthcare is a materials-intensive industry, collectively using 10% of all raw materials extracted every year, according to the 2023 Circularity Gap Report. We believe that sustainable use of materials can help reduce healthcare’s carbon footprint and eliminate waste. Philips is committed to circularity as a driver of sustainable #healthcare. On #EarthDay, we are putting the spotlight on our approach to reduce waste: 'Use less, use longer, use again'. It's all about helping our customers do more with less. That's why in 2023 we drove higher sales of products and services contributing to circularity, as well as further embedding circular practices at our sites. Find out more: https://lnkd.in/e4HX4H_5 #Sustainability #ESG #CircularEconomy #ClimateAction

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According to Joe Easton from the equities team at Bloomberg News on stocks to watch, yesterday ASML fell 10% together with a number of stocks in the semiconductor sector such as Tokyo Electron US and TSMC resulting in a global asian semiconductor sell off and stocks falling to a 2.5 year low, due to an exogenous event from the Biden administration considering severe kerbs if they continue to give advanced semiconductor technology access to China. https://lnkd.in/ehbWPChQ This was contrary to TSMC announcing bumper results yesterday, with sales more than doubling since 2020 https://lnkd.in/eqwUfszJ The example dashboard below shows location insights on TSMC Fab 3 for July 2024 compared against July 2023. As you can see activity has increased significantly. Please contact marketing@yellowsubmarine.io or our partners Neudata, or QUICK Corp. - Japan Financial Information - for further information. Yellow Sub AI is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. See our disclaimer here https://lnkd.in/gNaBj6nv

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𝗡𝗼 𝗖𝗵𝗶𝗽𝘀, 𝗡𝗼 𝗚𝗹𝗼𝗿𝘆! The national semicon consortium ChipNL makes an urgent appeal to the new cabinet to invest 100-150 million euros per year over the next six years in an innovation programme for the Dutch chip industry. As a consortium partner, we think it is important to strengthen this call and therefore let our voice be heard here too. The Dutch chip industry is of great value to the geopolitical position of the Netherlands and Europe. However, the lack of focus, public investment and a joint strategy mean that we are in danger of falling behind. Investing in innovation of the Dutch semicon sector means investing in the Netherlands' competitive position on the world stage, in the global companies of tomorrow and thus in the jobs of the future! Read our letter and feel free to share to make your voice heard too. Brainport Development, TNO, Oost NL, High Tech NL

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𝗦𝗼𝗺𝗲𝘁𝗶𝗺𝗲𝘀, 𝗮 𝗣𝗼𝘄𝗲𝗿𝗣𝗼𝗶𝗻𝘁 𝘀𝗹𝗶𝗱𝗲 𝗰𝗮𝗻 𝗰𝗵𝗮𝗻𝗴𝗲 𝘁𝗵𝗲 𝗰𝗼𝘂𝗿𝘀𝗲 𝗼𝗳 𝗵𝗶𝘀𝘁𝗼𝗿𝘆. 𝘛𝘩𝘦𝘳𝘦 𝘪𝘴 𝘔𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 𝘔𝘰𝘰𝘳𝘦!, proclaimed a Philips research group in 2003. The message to their leaders: Philips should not just focus on making microchips faster and smaller, but also look at how semiconductor technology can be used to develop a whole new area of micro devices and systems. “We saw the opportunities that lay in Micro Electro-Mechanical Systems and sensors; they were increasingly becoming part of integrated systems, triggered primarily by the growing popularity of mobile phones and other hand-held devices. Besides, it fitted very well with our capabilities at that time.” Read the interview with Gerjan van de Walle and Joost van Beek and learn how ‘More than Moore’ eventually became the founding story of the Philips MEMS Foundry as we know it today: 👉 https://philips.to/3xYrmgr

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The in-silico clinical trials to validate our in-silico testing approach on specific questions of interest for our medical device use cases, transcatheter aortic valve implantation (TAVI) and pulmonary artery pressure sensor (PAPS), have finally started. Our partners at Eindhoven University of Technology, Institut für Implantat Technologie und Biomaterialien e.V, Charité - Universitätsmedizin Berlin, in collaboration with our colleagues at ECRIN (European Clinical Research Infrastructure Network) and Transilvania University of Brasov, will utilise 4 application scenarios, including: - Assessment of  the effects of convergent and divergent left ventricular outflow tract (LVOT) shapes, and calcifications on clinical outcomes such as paravalvular leakage (PVL), on TAVI; - Evaluation of the effects of side branches of the pulmonary artery on device implantation and intravascular haemodynamics, and therefore the risk for device thrombosis, and comparison of hemodynamic and structural mechanical parameters between the chronic animal experiment and human application, for PAPS. The results will be published in June 2024. See more at https://bit.ly/44laoIn.

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Did you stop by the Trymax Semiconductor booth at #SEMICON West last week? If not, then you'll want to check out this video, to get the full Trymax experience from Co-founders Leo Meijer, and Ludo Vandenberk, and other team members who describe their roles at this growing company. "What the customer needs is where we start engineering," notes Vandenberk. Watch the full video here: https://lnkd.in/gcye8HBE

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We (Unitron Group BV & BAAT Medical) would like to inform you that the Smart Implant Alliance (SiA) website is up and running! Curious about the result?  👉Take a look via https://lnkd.in/gqdPYU2X and read more about:  ·    Valuable insights about Smart Implants  ·    The benefits of Smart Implants  ·    What SiA can do for you  ·    Blogs   #SmartImplantAlliance #SIA #Website #HealthcareInnovation #MedicalTechnology

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This month, our colleagues, Bob Barre, Marijn Kastelein and Remmelt Tempelman together with our managing director Bert Bruning, visited the Philips’ Healthcare Campus in #Best and witnessed firsthand the remarkable impact of their solutions. By leveraging the latest technologies and insights, Philips aims to accelerate the pace of innovation, ultimately improving the quality of care and outcomes for individuals and communities. During the visit, our colleagues discussed future business opportunities and joint financing solutions after a renewed meet & greet with Philips Direct Export Netherlands and Philips Medical Capital. Philips has established a longstanding collaboration with Atradius Dutch State Business to facilitate #healthcare financing transactions globally. Through our #ECA Financing Structure, cross-border healthcare providers can gain access to financing solutions, enabling the purchase of Philips medical equipment.   Bob Barre: "Philips' dedication to meaningful innovation left a lasting impression. Their focus on connected healthcare can empower hospitals and clinics with advanced technology for precise diagnosis and personalized treatment, facilitating patient recovery. However, it is clear to us that financial barriers can often become a decisive factor for exports in this industry despite the high demand for advancing technology. The synergy between Philips Medical Systems, and Atradius DSB can overcome these challenges, ensuring seamless deployment of healthcare financing solutions. We take the opportunity to thank and Jeroen Van Pol, Marija van der Vliet, Pascal Munsters, Rutger Spreij and Kursad Terzi, from Philips, for the gracious hospitality, insightful discussions, and for the enthusiasm in providing us with a glimpse into their technological advancements. Curious to learn more about how #PhilipsCapital and #AtradiusDSB are shaping the future of healthcare technology worldwide? Download our whitepaper via https://lnkd.in/d5HnzA9Q

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Take a moment to watch our video to experience MicroAlign's vibe and learn more about our company and technology. Our team put an effort into making it informative and fun! Watch until the end 😉 Hope you enjoy it! Send us a message at info@microalign.nl if you have questions #microalign #photonics #fiberarray #quantumcomputing

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✨ Great News! Jean-Marc’s enlightening keynote, "Improving Lives with Innovation: The Role of Immersive Technologies in Healthcare," from the recent GM Eindhoven! event, is now up on YouTube! As Philips' Innovation Lead, Jean-Marc Huijskens is at the forefront of integrating cutting-edge 3D and XR technologies into healthcare solutions. 🌐 Leading the Immersive Lab at the High Tech Campus, Jean-Marc and his team leverage XR to spearhead pivotal medical innovations. Their work extends beyond healthcare, impacting education, training, and marketing through the innovative use of technology. 🎥 Explore this visionary session from GM Eindhoven and discover how technology is transforming healthcare. Find the full keynote in the comments👇

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𝗔 𝗯𝗿𝗶𝗲𝗳 𝗵𝗶𝘀𝘁𝗼𝗿𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗗𝘂𝘁𝗰𝗵 𝗵𝗶𝗴𝗵𝘁𝗲𝗰𝗵 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗮𝗻𝗱 𝗶𝘁𝘀 𝘄𝗮𝘆 𝗼𝗳 𝘄𝗼𝗿𝗸𝗶𝗻𝗴. 𝗚𝗲𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗣𝗵𝗶𝗹𝗶𝗽𝘀 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗶𝗻𝗴 𝗼𝗳 𝗵𝗶𝗴𝗵𝘁𝗲𝗰𝗵 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗮𝗻𝘆'𝘀 Early 1900, the success of the incandescent lamp production offered Philips the opportunity for innovation. Many new products were developed, starting with the radio and Philips became a concern of many companies. The fact that all these companies were part of Philips, gave technologists the opportunity to cooperate and exchange knowledge. Development engineers all over Philips often came together to inspire each other; as well as mechanization specialists did. The high level of development made Philips a company of world-wide impact. From the 80’s on parts of Philips became independent companies but the sense of cooperation remained. A nice example is the accurate hydraulic actuator. It was developped for the production of the read-and-write heads of the videorecorder in the 70’s. It actuated the first waferstage of ASML in the 80’s. Later it actuated shaving heads production and today the production of contact lenses. #philips #production #mechanization #ecosystem #hightechsector #hightechnology

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Immersion Lithography Market 𝐒𝐢𝐳𝐞 𝐀𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 Immersion Lithography Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2031. The comprehensive report of the Immersion Lithography Market will analyse data changes and their impact on the market at the global level. It also analyses the overall growth of companies in the market and their abilities to manage and control profit levels, which is highly important to any investor wishing to open and expand a company within the same market. ➢𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐦𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐚𝐬 𝐛𝐞𝐥𝐨𝐰: ➢ Teknor Apex Company ➢ WSI (Warehouse Specialists, LLC) ➢ Mitsubishi Chemical Advanced Materials ➢ Greene Tweed ➢ Austin Industrial, Inc. ➢ Yaskawa America, Inc. - Drives & Motion Division ➢ Mitsubishi Chemical Group ➢ Parker Process Control Technology ➢ UC Davis College of Engineering ➢ Mitsubishi Chemical Europe ➢ PT Asahimas Chemical ➢ Mitsubishi Chemical APAC ➢ Minnesota Rubber and Plastics - Now Part of Trelleborg ➢ Industrial Technology Research Institute (ITRI)(工業技術研究院, 工研院) ➢ Maulana Abul Kalam Azad University of Technology, West Bengal formerly WBUT ➢ Pharmaron ➢ Arxada ➢ Institution of Engineers of India (IEI), Kolkata ➢ Brenntag ➢ Eskişehir Technical University ➢ Borouge ➢ Anton Paar ➢ VITO ➢ Sumy State University ➢ Mitsui Chemicals Group ➢ Duratec ➢ Würth Group North America ➢ Eurofins BioPharma Product Testing Germany ➢ FAM Minerals & Mining ➢ MSME-TECHNOLOGY DEVELOPMENT CENTRE (PPDCAGRA) ➢ Spartech LLC ➢ Trelleborg Sealing Solutions ➢ Hanwha Solutions Corporation ➢ Navin Fluorine International Ltd. ➢ Velan Inc. ➢ Groupe Institut de Soudure ➢ PT. Pabrik Kertas Indonesia (PAKERIN) ➢ Haji Hassan Group BSC(c), Bahrain #data #sales #marketresearch #research #entrepreneur #businessstrategy #technology #data #sales #datacollection #salesfunnel #contentmarketing #bhfyp #size #forecast # #Share #Scope #Opportunities #Analysis #ImmersionLithography

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Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop ASML on Monday said first-quarter profit beat expectations while sales missed forecasts, with the company sticking to its full-year outlook. Here’s how ASML did versus LSEG consensus estimates: Net sales: 5.29 billion euros ($5.62 billion) versus 5.39 billion euros expected. Net profit: 1.22 billion euros versus 1.07 billion euros expected. Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of the company’s guidance. Net bookings for ASML’s machinery, a closely watched booking, totaled 3.6 billion euros in the first quarter, down 4% year-on-year but plunging nearly two-thirds versus the December quarter. ASML is one of the most important semiconductor firms in the world, producing tools known as extreme ultraviolet lithography machines, which are required to manufacture the most advanced chips globally. Last year, weak demand for consumer electronics such as smartphones and laptops hit chipmakers that produce semiconductors for those devices. That has in turn led to a slightly weaker call for ASML’s gear. However, various semiconductor firms across the board, such as memory chipmaker Samsung, are seeing a rebound in demand. ASML has previously said it expects net sales for 2024 to be similar to 2023 and reiterated this projection on Monday. ASML reported net sales of 27.6 billion euros in 2023. “Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry’s continued recovery from the downturn,” ASML CEO Peter Wennink said in a statement. “We see 2024 as a transition year with continued investments in both capacity ramp and technology, to be ready for the turn in the cycle.” ASML’s equipment is purchased by the world’s biggest chip manufacturers, such as Taiwan Semiconductor Manufacturing Co., Samsung and Intel. Part of ASML’s bullishness comes from the fact that Samsung, TSMC and Intel are ramping up production capacity in America, with the support of funding from the U.S. CHIPS and Science Act. “I think by 2025 you will see all three of those coming together. New fab openings, strong secular trends and the industry amid its upturn,” Roger Dassen, chief financial officer of ASML, said in a pre-recorded video interview. ASML is yet to address any impact from export restrictions to China in the first quarter. Following U.S. pressure, the Dutch government last year introduced curbs in June on the export of advanced semiconductor equipment — including ASML’s machinery. However, the company said in a document released alongside its results, that sales of its systems to China accounted for 49% of the total in the first quarter, up from 39% in the fourth quarter of 2023. ASML previously said that export restrictions would impact 10% to 15% of China's sales this year. #news #dailynews #latestnews

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Case Study: Leveraging PXI & LabVIEW to Transform Functional Test in Ultrasound Technologies As a leading player in the global healthcare sector, Philips is under constant pressure to meet the demands of medical science by pushing the boundaries of existing technology. Market success is based on product innovation, short development cycles, cost-effectiveness, plus an uncompromising approach to product quality. Product testing is a crucial function within the development cycle, but the complexity of the Philips test environment was threatening speed to market and adding unwanted costs. A new approach to testing was therefore required - moving away from existing, bespoke systems to a standardised, commercial-off-the-shelf (COTS) based implementation which would reduce test cycle duration. Philips worked with NI to implement a solution based on PXI and LabVIEW, so as to simplify product testing without limiting its coverage or functionality. Based on an initial system deployment at 6 of the company’s global manufacturing sites, Philips was able to save millions of Euros and hundreds of hours in production test engineering. Ultrasound products form a key element of the Philip’s portfolio, supporting practitioners across multiple healthcare disciplines. These include cardiovascular, obstetrics, gynaecology, musculoskeletal, liver and kidney imaging. Demands for ever-higher resolution imagery must be combined with the need for more convenient... READ MORE https://lnkd.in/eys6iuFn Heather Gioco Brandon Treece Brad Shaver Brett Burger Megan King Julia Wolff NI (National Instruments) #PXI #LabVIEW Carmen Castillo Earle Donaghy Lai Wan Saunders MInstAM, MCIPR Amy Gant Cearley Katie Amos Luke Schreier Daniel Riedelbauch David Hall René Nuessgen Jonas Laenens Kyle MacCoy Samah Chazbeck Michael Handy Juan Carlos Contreras Okay Schierhorn Gajan Sivapathasundaram Andrea Gattone Gajan Sivapathasundaram Greg Skalka Austin Stanton Emerson

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