In 2023, Philips spent around 1.9 billion euros on research and development. Although the spending on R&D dropped slightly from the year before, since 2010 it has generally climbed. After spin-offs of other product segments, Koninklijke Philips N.V. today is a company focused on healthcare/medical technology.
Philips' research and development expenses from 2010 to 2023
(in million euros)
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Philips. (February 20, 2024). Philips' research and development expenses from 2010 to 2023 (in million euros) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/495942/philips-research-and-development-expenses/
Philips. "Philips' research and development expenses from 2010 to 2023 (in million euros)." Chart. February 20, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/495942/philips-research-and-development-expenses/
Philips. (2024). Philips' research and development expenses from 2010 to 2023 (in million euros). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/495942/philips-research-and-development-expenses/
Philips. "Philips' Research and Development Expenses from 2010 to 2023 (in Million Euros)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/495942/philips-research-and-development-expenses/
Philips, Philips' research and development expenses from 2010 to 2023 (in million euros) Statista, https://www.statista.com/statistics/495942/philips-research-and-development-expenses/ (last visited December 21, 2024)
Philips' research and development expenses from 2010 to 2023 (in million euros) [Graph], Philips, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/495942/philips-research-and-development-expenses/
