AMSTERDAM: Philips, a global leader in health technology, announced its 2023 financial results, showing a 7% increase in comparable sales and a 10.5% increase in adjusted EBITA margin. The company also generated a free cash flow of EUR 1,582 million, up from EUR 1,018 million in 2022. The company attributed its strong performance to the…
Tag: 2023
Apple dethrones Samsung as the world’s top smartphone seller in 2023
For the first time in 12 years, Apple has surpassed Samsung as the world’s leading smartphone seller, according to a new report from International Data Corp (IDC). The iPhone maker captured a 20% market share in 2023, while Samsung slipped to 19.4%. The other three spots in the top five were occupied by Chinese brands…