Philips offers healthcare solutions

Royal Philips NV will deploy more healthcare solutions in a number of areas in China this year as the country copes with a surge in chronic diseases brought on by an aging population, company executives said.

The Dutch company will mainly focus on heart diseases, cancers, respiratory illnesses and fertility issues under its new plan.

Philips will also introduce new medical products and devices such as the latest expectoration and X-ray machines, color Dopplers and diagnostics sets as the company competes with established rivals.