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.
Breitner Center, Amstelplein 2
1070 MX Amsterdam, The Netherlands
http://www.philips.com
Phone: +31-20-59-77177
Fax: +31-20-59-77220
Sector: Consumer Goods
Industry: Consumer Durables