Profile: Koninklijke Philips NV (PHG)
3 Dec 2013
Koninklijke Philips Electronics N.V. (Royal Philips Electronics) is the parent company of the Philips Group (Philips). Philips’ activities in the field of health and well-being are organized on a sector basis, which includes Healthcare, Consumer Lifestyle and Lighting. The Group Management & Services sector provides the operating sectors with support through shared service centers. As of December 31, 2010 Philips had 118 production sites in 27 countries, sales and service outlets in approximately 100 countries. In February 2010, the Company completed the acquisition of Somnolyzer 24x7 automated scoring solutions business of the Siesta Group in Vienna. In July 2010, the Company announced the acquisition of the street lighting business of Amplex A/S. In July 2010, it acquired Shanghai Apex Electronics Technology. In August 2010, the Company acquired CDP Medical Ltd. In August 2010, the Company acquired Burton Medical Products Corporation from Glamox ASA. In September 2010, the Company acquired Wheb Sistemas, a Brazil-based supplier of medical information systems. In November 2010, TPV Technology Ltd. acquired Philips TV China, the color television sales and distribution business of the Company. In December 2010, the Company sold certain interest in Assembleon to H2 Equity Partners. In January 2011, the Company bought Optimum Lighting. In June 2011, it acquired AllParts Medical.
Philips Healthcare’s activities are organized across four businesses: imaging systems; patient care and clinical informatics; home healthcare Solutions, and customer services. Imaging systems include interventional X-ray, diagnostic X-ray, computed tomography (CT), magnetic resonance (MR), nuclear medicine (NM) and ultrasound imaging equipment, as well as women’s health. Patient care and clinical informatics include cardiology informatics, including diagnostic electrocardiography (ECG); enterprise imaging informatics, including radiology information systems (RIS) and picture archiving and communication systems (PACS); patient monitoring and clinical informatics; perinatal care, including fetal monitoring and Philips Children’s Medical Ventures, and therapeutic care, which includes cardiac resuscitation, emergency care solutions, therapeutic temperature management, hospital respiratory systems and ventilation. Home healthcare solutions include sleep management and respiratory care, medical alert services, remote cardiac services and remote patient management. Customer Services include consultancy, site planning and project management, clinical services, ambient experience, education, equipment financing, asset management and equipment maintenance and repair. Products and services are sold to healthcare providers globally, including academic, enterprise and stand-alone institutions, clinics, physicians, home healthcare agencies and consumer retailers.
During the year ended December 31, 2010, Consumer Lifestyle sector consist of health and wellness, personal care, domestic appliances, television, audio and video multimedia, and accessories. Health and wellness include mother and child care, oral healthcare. Personal care includes shaving and grooming, female depilation, haircare, vitalight and skincare. Domestic appliances include kitchen appliances, beverages/ espresso, garment care, floor care, water and air. Audio and video multimedia includes home audio, home video, home cinema sound, portable audio and video. Accessories includes on-the-go accessories, together@home accessories, personal displays and speech processing. It also partners with companies from other fields, such as Sara Lee/Douwe Egberts and Beiersdorf (NIVEA), in order to deliver customer-focused appliance/ consumable combinations.
In indoors, the Company offers specialized lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals. In outdoors, it provides lighting for public spaces, residential areas and sports arenas. It also helps to make roads and streets safer for traffic and other road users (car lights and street lighting). It offers specific applications of lighting in specialized areas, such as horticulture, refrigeration lighting and signage, as well as heating, air and water purification, and healthcare. Philips Lighting spans from lighting sources, electronics and controls a range of applications and solutions through lamps, consumer luminaires, professional luminaires, lighting systems and controls, automotive lighting, packaged light emitting diodes (LEDs) and LED solutions. Lamps include incandescent, halogen, (compact) fluorescent and high-intensity discharge. Consumer luminaires include functional, decorative, lifestyle and scene-setting. Professional luminaires include city beautification, road lighting, sports lighting, office lighting, shop/hospitality lighting, industry lighting. Lighting systems and controls include electronic and electromagnetic gear, controls, modules and drivers. Automotive lighting includes car headlights, car signaling and interior. LED solutions include modules and LED replacement lamps. The lamps business conducts its sales and marketing activities through the professional, original equipment manufacturer (OEM) and consumer channels. Automotive lighting is organized in two businesses: OEM and after-market.
The Company competes with GE and Siemens/Osram.
Koninklijke Philips NV
High Tech Campus 5
Company Web Links
- Philips, Samsung, Metro offices raided by EU inspectors
- UPDATE 1-Philips, Samsung, Metro offices raided by EU inspectors
- Philips, Samsung among consumer electronics firms in EU raid
- UPDATE 1-SAP and Philips keep European shares at multiyear highs
- Philips profits nearly triple as turnaround bears fruit |