Philips, founded in 1891 in the Netherlands, mainly produces products in lighting, home appliances, medical systems. Philips, in 2007, the global workforce has reached 128,100 people, production bases in 28 countries around the world, with sales organizations in 150 countries, with 80,000 patents, the strength of the super. 2011 July 11, Philips announced the acquisition of Pentium Electric Co.
October 17, 2011, Philips Electronics released the third quarter financial results, the third quarter net profit fell 85.9% year-on-year; at the same time announced that Philips will lay off 4,500 people worldwide.At the end of January 2013, Philips consumer electronics business has been fully divested, and will focus on the quality of life, medical and lighting equipment industry. On December 17, 2014, Beijing time, Philips announced that it would acquire U.S. medical device maker Volcano Inc. for $1.2 billion.On July 19, 2018, the Fortune 500 list was released, and Philips was ranked No. 423.On December 18, 2018, the 2018 World Brand 500 compiled by the World Brand Lab was unveiled, with Philips ranked 53rd. 2019 Forbes Global Digital Economy 100 list ranked 47th. in October 2019, Interbrand released the list of Top 100 Global Brands ranked 49th.