Company Profile

Company Profile

Royal Philips Electronics of the Netherlands is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”.
Company_Health_Well-being_275x90.jpg

Building the Leading Company in Health and Well-Being

We seek to improve the quality of people’s lives through focusing on their health and well-being. Quite simply, we want to help people live a healthy, fulfilled life.

 

By “health” we mean not only medical-related aspects of health, but also keeping fit, eating a healthy diet, and generally living a healthy lifestyle.

 

By “well-being” we mean general sense of fulfillment, feeling good and at ease. “Well-being” also refers to a sense of comfort, safety and security people feel in their environment – at home, at work, when shopping or on the road. Our focus on Health and Well-being automatically implies that we contribute to building a sustainable society.

Company Business hightlights Q4

Business Highlights in Q4

- Philips has signed an MOU with the Suzhou Municipal Government to establish an Industrial Campus for imaging systems in China. To be developed over the next five years at an investment of EUR 36 million, the Philips campus will have integrated facilities of R&D, manufacturing, assembly and sourcing in one site and will further enhance the company’s presence in healthcare in China.

 

- “With the flick of a switch, Philips Electronics may have just dramatically lowered America's electric bill,” Time Magazine commented after naming a widely-publized Philips’ LED retrofit lamp the 3rd best invention of 2009. This bulb was also the very first submission in a US Department of Energy contest in search of feasible LED replacements for 60W lamps.

 

- Philips introduced the world’s first solar- powered portable LED floodlighting (intense beams of light) system. This system provides up to eight hours of lighting on a single solar charge. The system can also be used in areas without or with limited access to electricity.
 

New Philips study: Americans not as optimistic or realistic about their health and well-being as they claim to be.
 
 

Read Philips insights on how to beat the winter blues and to increase the quality of your sleep.
 
 
Philips in Q4 2009


Net sales   EUR 7.3 bln
EBITA   EUR 662 mln
Net income     EUR 260 mln