Philips

Introduction
Philips is a Dutch multinational conglomerate specializing in health technology, consumer electronics, and lighting solutions. Founded in 1891, Philips has transformed from a leading electronics manufacturer into a global health tech company, focusing on improving people’s lives through meaningful innovation.

Mission and Vision

Mission: Improve people’s health and well-being through innovation.
Vision: Make the world healthier and more sustainable through advanced technology in healthcare and personal well-being.

Products and Services

Healthcare Technology: Diagnostic imaging systems (MRI, CT scanners, ultrasound), patient monitoring, and connected care solutions.
Personal Health: Oral healthcare (Philips Sonicare), grooming, mother & childcare, and personal wellness devices.
Consumer Electronics: Audio devices, kitchen appliances, and household products.
Lighting (Formerly Philips Lighting, now Signify): Energy-efficient LED lighting and smart home lighting solutions (Philips Hue).
Software & AI Solutions: Health informatics, cloud-based health systems, and telehealth solutions.

Growth and Innovation

Philips has shifted its core business toward health technology and well-being, divesting from television and consumer electronics divisions. The company has invested in AI-driven healthcare systems, remote patient monitoring, and sustainable solutions, aiming to lead in digital healthcare transformation.

Global Impact

Operating in more than 100 countries, Philips is a trusted name in healthcare and consumer well-being. Its technologies are used in hospitals, clinics, and households worldwide. Philips also emphasizes sustainability, aiming for carbon neutrality across its global operations.