Company profile

Company Profile

About Royal Philips


Royal Philips of the Netherlands is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.


Creating innovations that matter to people


Since the introduction of the first Philips light bulb more than 120 years ago, innovation and a people-centric approach have always been at the core of our company.


Our commitment is to deliver new healthcare and lighting technologies, as well as innovative and locally relevant consumer products that make a real difference to our customers, consumers and stakeholders across the globe. We believe that the best way for us to do this, is through deep understanding of people’s needs and desires.


When we bring the two together – people and innovation – we create the next generation of technology and things that people truly want and need. These are meaningful innovations that help people to be healthy, live well and enjoy life. This sets us apart and makes us Philips.

Business Highlights in Q2

Philips and Westchester Medical Center Health Network entered into a multi-year, USD 500 million managed services partnership to transform and improve healthcare for 3 million patients. The agreement includes consulting services, medical technologies and clinical informatics solutions, and aims to improve all care areas, including radiology, cardiology, neurology, oncology and pediatrics.

A diversified portfolio of innovations delivered results for Male Grooming in the quarter, with Asian markets particularly strong. In Japan, the ongoing success of the premium Philips Shaver series 9000 drove market share, as did continued demand for Philips VisaPure for Men. In South Korea, Philips Shaver series 7000, a proposition for sensitive skin, is selling well, while in India the launch of affordable beard trimmers in tier 2 and 3 cities drove strong growth.

Philips will outfit the New NY Bridge in New York with cloud-based connected LED lighting, transforming this iconic landmark through remotely programmed dynamic colorful architectural lighting and roadway lighting. The project involves Philips ActiveSite and Philips CityTouch cloud-based systems, allowing remote monitoring and management. It is the largest, most advanced architectural bridge and roadway infrastructure project in the USA.
Circular economy

Circular Economy


Philips’ transition to a Circular Economy


Philips’ journey


Read more about our activities on Guardian Sustainable Business

Philips cover

Annual Report 2015


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Philips in Q2 2016
5.8 bln
464 mln
Net income
431 mln