| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
68,419 |
| Revenues (TTM) (Millions $) |
19,974 |
| Net Income (TTM) (Millions $) |
1,005 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
301 |
Business Description
Koninklijke Philips N.V. is a Dutch multinational conglomerate corporation headquartered in Amsterdam, Netherlands. It was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik Philips. Philips operates in multiple sectors including healthcare, lighting, and consumer electronics.
Healthcare: Philips Healthcare is one of the key strategic business units of the company which provides a wide range of medical imaging, clinical informatics, and patient monitoring solutions. They also have a large portfolio of consumer-focused health products such as electric toothbrushes and digital thermometers. Philips is also a top player in the cardiac care market, offering diagnosis, treatment, and monitoring solutions for heart conditions.
Lighting: Philips Lighting is a leader in lighting solutions and produces a broad range of energy-efficient and innovative lighting products for both consumer and professional markets. The company offers products such as bulbs, lamps, and fluorescent tubes, as well as professional lighting systems for applications such as road lighting, sports lighting, and horticulture lighting.
Consumer Electronics: Philips has a long history of producing consumer electronics, starting in the early 20th century with radios and televisions. Today, Philips produces everything from home appliances like coffee makers and air purifiers to home entertainment systems such as soundbars and smart TVs. Recently, they have focused on developing high-end products like OLED TVs and introduced smart home automation to their lineup.
Overall, Koninklijke Philips N.V. is a multinational conglomerate corporation with a diverse and extensive portfolio of products and services. The company has a long history of innovation and focuses on developing breakthrough technology that improves peoplees lives. Their mission is to improve the quality of life for individuals and communities around the world.
Company Address: Philips Center Amsterdam 1096
Company Phone Number: 59 77232 Stock Exchange / Ticker: NYSE PHG
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