On Apr. 14, 2020, Royal Philips updated its plans to double the production of its hospital ventilators by May 2020 and achieve a four-fold increase by the third quarter of 2020. This plan builds on Philipsﾒ initial production increase in the first three months of the year, which enabled the supply of additional ventilators to hospitals in the most affected regions in China, southern Europe and the U.S.