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Philips

Philips

Royal Philips (often shortened to Philips) is a Dutch multinational conglomerate corporation headquartered in Amsterdam, Netherlands. Founded in 1891 by Gerard Philips and his father Frederik, the company initially focused on the production of incandescent light bulbs. Over the course of more than a century, Philips has diversified significantly, expanding its operations into various sectors including healthcare, consumer lifestyle, and lighting. Currently, it's a leading player in the healthcare technology industry, offering a comprehensive portfolio of products and services spanning diagnostic imaging, patient monitoring, healthcare informatics, and personal health. Beyond healthcare, Philips also maintains a presence in the consumer electronics market with products like audio devices and home appliances, although its focus has progressively shifted toward its healthcare solutions. Its long history and global presence have established it as a recognizable brand across numerous markets worldwide.

Amsterdam, Netherlands
Approximately 79,000 employees (as of recent reports; this number may fluctuate).

About Us

- Royal Philips, a global health technology leader since 1891, improves people’s health and well-being through meaningful innovation. - From its lighting origins, Philips has diversified, developing expertise in numerous areas and focusing on innovative healthcare solutions for global health challenges. - The company is committed to sustainability, social responsibility, and ethical business practices. - Philips continually invests in research and development, fostering internal and external collaborations to drive advancements. - This dedication to innovation is reflected in its constant evolution to meet the ever-changing needs of the global community.

Vision

To be the leading health technology company, creating a healthier future for all.

Mission

To improve the lives of 3 billion people a year by 2030, by delivering meaningful innovation in health technology and improving access to quality health solutions.

Culture

- Philips cultivates a culture of innovation, collaboration, customer focus, and diversity & inclusion, promoting open communication and teamwork. - The company prioritizes employee development, offering learning and advancement opportunities. - Sustainability and social responsibility guide its decisions and business practices. - Ethical conduct and integrity are central to its operations. - The overall culture aims for high performance and positive impact internally and externally.

Specialties & Industries

Healthcare technology (diagnostic imagingpatient monitoringhealthcare informaticspersonal health)LightingConsumer Lifestyle (audio deviceshome appliances). Note that the company's focus has heavily shifted toward healthcare in recent years.Conglomerates / Diversified EnterprisesManufacturing & Industrial AutomationSemiconductors & ElectronicsB2BB2CFortune 500Public Company

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