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Tuesday, August 29, 2023
Philips expands local manufacturing in line with ‘Make in India’ initiative
Philips has announced the expansion of its Personal Health product categories in India, in line with the country's 'Make in India' initiative. The consumer electronics brand will now produce 'Mother and Childcare' products in addition to its existing female and male grooming products. The expansion aims to cater to local consumers and tackle product counterfeiting. Philips also unveiled new products including the Beard Trimmer Series 1000 and the Hair Straightening Brush. https://ift.tt/ceJ9PKH
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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)
Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...
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