As China's Skies Clear, Philips Sales of Air Purifiers Decline
China’s battle to cut notorious air-pollution levels is hurting sales of air purifiers by Royal Philips NV. Revenue from the machines that capture harmful fine particles in homes dropped by a high-single-digit amount in China, in the second quarter, the Dutch maker of hospital scanners and medical gear said in a statement on Monday. It’s a good thing for the people of China so I don’t want to complain about that,” Frans van Houten said on a call.