Company Profile

Royal Philips

PhilipsCenter

Royal Philips is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2013 sales of EUR 23.3 billion and employs approximately 115,000 employees with sales and services in more than 100 countries.

 

The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare.

     

 

Businesses

Healthcare

Healthcare
As a global leader in health care, we are guided by the understanding that there is a patient at the center of everything we do. By pioneering new solutions that improve and expand care around the world, we are dedicated to creating the ideal experience for all patients, young and old.

 

We harness the power of clinical information by providing clinicians and health care providers with real-time information all in one place – across modalities, time zones and technologies – for more confident decision-making and efficient workflow.

 

We focus on delivering the most technologically advanced products and solutions, as we help clinicians diagnose, treat and manage many of today’s most prevalent diseases.

 

We expand access to care by promoting the adoption of new mobile and remote technologies and developing new protocols that can lead to more efficient and productive health care systems.

 

These commitments are the driving force behind our research and investment in promising new approaches to radiology, cardiology, oncology, decision support, home health, respiratory and other critical areas.

 

Our Healthcare business is organized around four strategic business groups: Imaging Systems, Patient Care & Clinical Informatics, Home Healthcare Solutions, and Healthcare Transformation  Services.

 

Philips Healthcare employs approximately 37,000 people worldwide. 

     

Consumer Lifestyle

Consumer Lifestyle
At Consumer Lifestyle we are delivering on Philips’ vision to make the world healthier and more sustainable through innovation. Our investment in innovation and local business creation enables us to deliver a stream of locally relevant, meaningful innovations. We have a leading global brand, which is highly trusted across the world.

 

Philips Consumer Lifestyle focuses on delivering deeper experiences, in touch with the social and emotional needs of our customers in their homes, tailoring solutions to variable local needs around the world. From a cup of coffee in the morning, to a healthy meal in the evening. And whether it’s using the best sonic technology to care for your teeth or an innovative laser guided beard trimmer; Philips innovation matters to our users and improves their lives – every day.

 

We focus on the following areas of business: Health & Wellness, Personal Care, and Domestic Appliances.

 

Philips Consumer Lifestyle employs approximately 17,800 people worldwide.

     

 

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Lighting 
Philips Lighting is a global market leader with recognized expertise in the development, manufacturing and application of innovative lighting solutions. We have pioneered many of the key breakthroughs in lighting over the past 123 years, laying the basis for our current strength and ensuring we are well-placed to be a leader in the digital transformation. We aim to further strengthen our position in the digital market through added investment in LED leadership while at the same time capitalizing on our broad portfolio, distribution and brand in conventional lighting.

 

We address people’s lighting needs across a full range of market segments. Indoors, we offer lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals. Outdoors, we offer solutions for roads (street lighting and car lights) and for public spaces, residential areas and sports arenas. In addition, we address the desire for light-inspired experiences through architectural projects. Finally, we offer specific applications of lighting in specialized areas, such as horticulture and water purification.

 

Philips Lighting spans the entire lighting value chain – from light sources, luminaires, electronics and controls to full applications and solutions – through the following businesses: Light Sources & Electronics, Consumer Luminaires, Professional Lighting Solutions, Automotive Lighting, and Lumileds.

 

Philips Lighting employs approximately 47,000 people worldwide.

 

       

 

Innovation

Innovation

Philips actively participates in ‘Open Innovation’ through relationships with academic and industrial partners, as well as via European and regional projects, in order to improve innovation efficiency and share the related financial exposure. The High Tech Campus in Eindhoven (Netherlands), the Philips Innovation Campus in Bangalore (India), and Research Shanghai (China), are prime examples of environments enabling Open Innovation. In this way, we also seek to ensure proximity of innovation activities to growth geographies.

 

In 2013, Philips invested EUR 1.7 billion in Research and Development.

 

Philips’ IP portfolio currently consists of around 59,000 patent rights, 35,000 trademarks, 81,000 design rights and 4,200 domain name registrations. Philips filed approximately 1,500 patents in 2012, with a strong focus on the growth areas in health and well-being.

 

Philips Design is widely recognized as a leader in people-centric design. In 2012, it won over 120 key design awards in the areas of product, communication and innovation design.

      

 

Sustainability

Sustainability

Sustainability is at the center of Philips’ strategy.

 

We invest in the developments of green technologies and enable our consumers to contribute to a healthier world on a day to day basis by choosing green products. We take actions to continuously reduce the environmental impact of our operations and secure healthy ecosystems. Additionally, we are committed to supporting healthy communities by investing our resources in programs that address some of the world’s biggest social challenges. 

All Philips products go through an EcoDesign process, identifying environmental impact in terms of energy efficiency, hazardous substances, take-back and recycling, weight and lifetime reliability. Philips’ processes on Green Product sales are verified annually by an independent third party and published in the Annual Report.

 

Philips aims to combat global healthcare challenges by focusing on delivering better quality healthcare at lower costs, also in the emerging markets, such as China and India.

 

Philips also takes a leading position in educational programs, showing its stakeholders that energy efficient solutions are simple, easy and actionable and make economic sense for national and local governments, businesses, schools and individuals.

 

      

 

Global Leadership Positions

Philips has strong leadership¹ positions in many markets across the globe across its Healthcare, Lighting and Consumer Lifestyle portfolio:

 

We are the world’s largest home healthcare company, being number one in: Monitoring systems, Automated External Defibrillators, Cardiac Ultrasound, Cardiovascular X-ray.

 

In Healthcare, we have global leadership in: Cardiovascular X-ray, Patient Monitoring, Cardiac Resuscitation, and Sleep Therapy Systems.

 

In Lighting, we are number one globally in: Lamps, LED lamps, Automotive Lighting, Professional Luminaires, and High Power LEDs.

 

In Consumer Lifestyle, we are global leaders in: Male Electric Shaving, Garment Care and Rechargeable Toothbrushes.

 

(¹ Leadership positions are defined as having a Global #1 or #2 position in the market.)

     

 

Executive Officer

Frans van Houten

Frans van Houten

CEO of Royal Philips

  

 

Global Headquarters

Philips International B.V.
Amstelplein 2
1096 BC Amsterdam
The Netherlands

   

 

Stock Ticker

Royal Philips is a publicly listed company in New York stock exchange (NYSE: PHG) and Euronext Amsterdam (AEX: PHI).