Profile: Koninklijke Philips NV (PHG)
26 Sep 2016
Koninklijke Philips N.V. (Royal Philips), incorporated on November 14, 2000, is a health and wellbeing company. The Company operates through three segments: Healthcare, Consumer Lifestyle and Lighting. It also operates in the Innovation, Group & Services (IG&S) sector. The Company has approximately 90 production sites in over 20 countries, and sales and service outlets in approximately 100 countries. It also offers the global shared business services for procurement, finance, human resources, information technology (IT) and real estate. The Company is the parent company of the Philips Group (Philips). The Innovation, Group & Services sector includes the activities of Phillips Group Innovation (PGI), and Group and regional management organizations. The Company offers cardiac care, acute care and home healthcare, lighting solutions and new lighting applications, as well as male shaving and grooming, and oral healthcare.
Philips Group Innovation encompasses Philips Research, Philips Innovation Services, the Philips Innovation Campus in Bangalore, the Philips Innovation Center Shanghai, the Philips Innovation Labs in Cambridge (USA), the Philips Africa Innovation Hub, Philips Design, the Philips Healthcare Incubator and the Emerging Business Areas. Philips Research creates technologies and the related intellectual property (IP). Philips Innovation Services offers a range of services in development, realization and consulting. Philips Innovation Services also supports projects, such as Philips LifeLight, solar powdered light-emitting diode (LED) lighting range designed for homes in off-grid rural and semi-urban communities. Philips Innovation Campus Bangalore (PIC) hosts activities from its operating businesses: Philips Research, Design, Intellectual Property & Standards (IP&S), and IT. The Philips Innovation Center Shanghai offers a research lab across the globe. Philips Design is a global function within the company. The Philips Healthcare Incubator identifies and develops healthcare products and services.
The Company's Healthcare segment consists of imaging systems, healthcare informatics, services and solutions, patient care and monitoring solutions, and customer services. Its diagnostic imaging systems include computed tomography (CT), magnetic resonance imaging (MRI), advanced molecular imaging (AMI) and diagnostic X-ray, which includes digital X-ray and mammography; integrated clinical solutions, which include radiation oncology planning, disease-specific oncology solutions and x-ray dose management; image-guided therapy solutions, including interventional x-ray systems, encompassing cardiology, radiology and surgery, and interventional imaging and therapy devices that include intravascular ultrasound (IVUS), fractional flow reserve (FFR) and atherectomy, and ultrasound. Its healthcare informatics, services and solutions include healthcare IT, clinical and imaging informatics for radiology and cardiology departments, picture archiving and communication systems (PACS) and integrated electronic medical record (EMR) systems; technology-enabled services, including telehealth, remote patient monitoring, care coordination, and a professional services business (healthcare transformation services) spanning consulting, education, clinical and business performance improvement, program management and system integration services.
The Company's patient care and monitoring solutions include enterprise-wide patient monitoring solutions, from value solutions to connected solutions, for real-time clinical information at the patient's bedside; patient analytics, patient monitoring and clinical decision support systems; therapeutic care, including cardiac resuscitation, emergency care solutions, invasive and non-invasive ventilators for acute and sub-acute hospital environments, and respiratory monitoring devices; consumables across the patient monitoring and therapeutic care business, and customer service, including clinical, IT, technical and remote customer propositions. Its customer services include product and solution services and support, including clinical support and performance services; education and value-added services; installation; remote proactive monitoring, and customer service agreement.
The Company's Consumer lifestyle segment includes personal care, domestic appliances, and health and wellness solutions. Its personal care includes male grooming and beauty products. Its domestic appliances include kitchen appliances, coffee, garment care, floor care and air purification appliances. Its health and wellness include mother and child care, oral healthcare and pain management. In addition, it operates manufacturing and business creation organizations in Argentina, Austria, Brazil, China, India, Indonesia, Italy, the Netherlands, Romania, the United Kingdom and the United States.
The Company's Lighting segment consists of light sources and electronics, professional lighting solutions and consumer luminaries. In indoors, it offers lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals. In outdoors, it offers solutions for roads, streets, public spaces, residential areas and sports arenas, as well as solar-powered LED off-grid lighting. It also offers specific applications of lighting in specialized areas, such as horticulture and water purification. Philips Lighting spans the lighting value chain from light sources, luminaires, electronics and controls to application-specific systems and services through various businesses: light sources and electronics, including LED, eco-halogen, (compact) fluorescent, discharge and incandescent light sources, plus electronic and electromagnetic gear, modules and drivers; consumer luminaires, including functional, decorative, lifestyle and scene-setting luminaires, and professional Lighting Solutions, such as controls and luminaires for city beautification, road lighting, sports lighting, office lighting, shop/hospitality lighting and industry lighting.
The Philips Lighting has manufacturing facilities in approximately 20 countries in various regions of the world and sales organizations in over 60 countries. Commercial activities in other countries are handheld through distributors working with its international sales originations.
Koninklijke Philips NV
Amstelplein 2, Postbus 77900
AMSTERDAM 1070 MX
Company Web Links
- UPDATE 2-Philips on course to hit profitability target as margins improve
- BRIEF-Koninklijke Philips Q2 net profit beats estimates
- BRIEF-Fitch revises outlook on Royal Philips to stable from negative
- BRIEF-Royal Philips acquires PathXL
- BRIEF-Profound Medical says co, Royal Philips jointly sold TULSA-PRO system in UK