AMSTERDAM, NE – Royal Philips’ recently published Annual Report 2019 states: “…the impact of the coronavirus outbreak on public life and the industry in China is also affecting the demand for Philips’ consumer portfolio in the country and Philips’ global supply chain. While this is expected to have a negative impact on the financial performance of Philips in the first quarter of 2020, the company cannot quantify the magnitude and duration of such impact at this time given the fluidity of the situation. Philips continues to monitor and assess its business operations daily, and will provide an update as appropriate.
“In connection with the COVID-19 outbreak, Philips has implemented precautionary measures and protocols based on recommendations from official health authorities, such as the World Health Organization (WHO). Additionally, Philips has mobilized resources to support the prevention and control of the COVID-19 outbreak. For example, the Philips Foundation with the support of Philips China, has donated medical equipment and supplies to the newly built Thunder God Mountain Hospital in Wuhan city to facilitate the diagnosis and treatment of pneumonia resulting from COVID-19 infections.”
Read the summary here.
Philips Survey – 49% Satisfied With Sleep
AMSTERDAM, NE – Findings from Royal Philips’ 5th annual sleep survey—“Wake Up Call: Global Sleep Satisfaction Trends”—found that 49% of 13,000 adults in 13 countries were satisfied with their sleep. Worry/stress was reported as the most limiting factor to a good night’s sleep (33%). Factors putting quality sleep at risk stem from both social and technology distractions. When it comes to relationships, 36% of people with a partner/spouse agree they sometimes sleep separately from their partner/spouse to improve their sleep, and 30% agree  their or their partner/spouse’s difficulty sleeping is impacting their relationship. Despite experts’ recommendations to the contrary, almost 4-in-ten report using their phones right before falling asleep (39%) or as soon as they wake up (39%). See survey summary here.