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Philips, founded in 1891 in the Netherlands, mainly produces lighting, home appliances, medical systems products. Philips, in 2007, the global staff has reached 128,100 people, in 28 countries around the world with production bases, in 150 countries with sales organizations, with 80,000 patents, the strength of the superb. 2011 July 11, Philips announced the acquisition of Pentium Electrical (Shanghai) Co.
October 17, 2011, Philips Electronics released its third quarter financial results, third quarter net profit fell 85.9% year-on-year; at the same time, it announced that Philips will lay off 4,500 employees worldwide.
At the end of January 2013, Philips consumer electronics business has been fully divested, and will focus on quality of life, medical and lighting equipment industry. December 17, 2014 (BST) - Philips announced that it will acquire US medical device maker Volcano for $1.2 billion.
Philips Electronics is one of the world's largest electronics brands, topping the list in Europe. It is a world leader in color TVs, lighting, electric shavers, medical diagnostic imaging and patient monitoring instruments, and single-chip TV products. Philips employs 166,500 people and is active in more than 60 countries in the fields of lighting, consumer electronics, home appliances and medical systems.
Philips is listed on the New York Stock Exchange (PHG), London, Frankfurt, Amsterdam and other stock exchanges. 2003 sales were 29 million euros. 2004, the company was recognized by the Music Angel Organizing Committee as an advanced quality company, and the company employs more than 164,000 people in more than 60 countries.
Philips is a large, integrated group serving professional and consumer markets through three cross-cutting divisions: Healthcare, Lighting and Quality of Life.