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AGM 2024

7 May, 2024
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Q1 2024

29 Apr, 2024
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From Eindhoven to the World

Philips is a Dutch multinational corporation well known for creating high-quality and innovative technology with a significant impact on the modern world. Spanning across a variety of industries including healthcare, consumer lifestyle, and lighting, Philips's diverse portfolio includes products and services from advanced medical systems to domestic appliances, and from energy-efficient lighting solutions to personal care products. Their offerings extend to both corporate entities and private individuals.

Eindhoven Through and Through

Founded in Eindhoven in 1891 by Gerard Philips and his father Frederik, Philips has a rich history of innovation. The company began as a small lightbulb manufacturing and sales operation but quickly expanded into various technology sectors, including healthcare, consumer lifestyle, and lighting.

The deep-rooted relationship between Philips and Eindhoven led to the city's growth and development and quintessentially became a company town for several years. One of the most striking examples of this is the football club PSV Eindhoven, which was initially set up as a company team for employees.

Philips has many competitors globally, with companies like General Electric, Siemens, and Samsung operating in similar sectors.

An Incredibly Diverse Business

Philips offers a vast range of products and services catering to an array of different industries. In the healthcare sector, they provide solutions like diagnostic imaging, patient monitoring systems, and health informatics. Their consumer lifestyle products range from domestic appliances such as air fryers, vacuum cleaners, and coffee machines, to personal care products like electric toothbrushes, hairdryers, and electric shavers.

When it comes to lighting, Philips offers solutions for both professionals and consumers. Their professional lighting solutions range from architectural lighting to lighting for stadiums, roads, and offices. On the consumer side, Philips offers LED light bulbs, car lights, and smart lighting through their Philips Hue range

A Global Enterprise

Over the years the company has grown into a global player with a presence in major markets around the world. With offices in Europe, Asia, and the Americas, Philips operates across various markets, and consumers can now find Philips products in almost every corner of the world.