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Royal Philips Electronics has its royal fingers in lots of different pies. It makes consumer electronics, including TVs, VCRs, DVD players, and fax machines. But it also makes light bulbs (#1 worldwide), electric shavers (#1) and other personal care appliances, medical systems, and silicon systems solutions. Consumer electronics account for the largest portion of the company's sales. Philips has been dumping noncore businesses -- such as its stakes in TSMC, LG Display, and music giant PolyGram -- while acquiring and forming joint ventures in its primary lines of business, including medical equipment development, energy-efficient lighting, and lifestyle products.
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| | | Contact Information | |
Address: |
Breitner Center, Amstelplein 2
1070 MX Amsterdam, The Netherlands
| | Phone: | +31-20-59-77177 | | Fax: | +31-20-59-77220 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 37189.70 M | | Revenue Growth (1 yr): | (-5.70%) | | Employees (2008): | 121,000 | | Employee Growth (1 yr): | (-2.30%) |
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Key People
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Chairman, Supervisory Board:
Jan-Michiel (J.M.) Hessels
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Chairman, President, and CEO:
Gerard Kleisterlee
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EVP and CFO:
Pierre-Jean Sivignon
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