Philips

Nishant Patel
IBS
 Company Profile
• Founder of Philips co. : Gerard Philips
• Year: 1891
• Origin Country: Eindhoven, Netherland
• Production sites: 130 in 26 countries
• Outlets: 150 countries
• Employees: 1,21,700
• Started producing Carbon filament lamps and other
electrical products.
• In 1895, Anton Philip joined as Salesperson.
• Focus was to lay emphasis on research.
• It also established its marketing companies in the US
and France.
 Journey
• By 1900s, Philips had emerged as one of the
largest producers and marketers of the carbon
filaments.
• In 1914, Philips research laboratories.
• In 1920s, It began the mass production of
consumer goods & started to diversify its
product range.
• The great depression of 1930s had a negative
impact on the profitability of Philips.
(USA stock market crashed, 16 million shares
were sold on single day)
 Continued
• In 1980s, restructuring and reshuffling.
• Philips began the mass production of consumer
goods like TVs, VCRs, DVD players, and fax…
• X-ray radiation and radio reception was the key
area of Philips and they protected it through
patents.
• In 2003, Philips Electronics later diversified in
Health and Well-being company, focused on
improving people’s lives through timely
innovations.
 Businesses acquired by PHILIPS
• In 1974, Magnavox electronics co.
• In 1975, Signetics (ICs, memory circuits)
• In 1981, GTE Sylvania (television)
• In 1983, Westinghouse (lamps)

 Collaboration and Joint ventures

• In 1972, Deutsche grammophon (Music)
• In 1983, Sony (Compact disc)
• In 1999, Lucent technologies (Cell phones)