Koninklijke Philips N.V. is engaged in healthcare, consumer lifestyle, and lighting businesses worldwide. Segments The company’s segments comprise Healthcare, Consumer Lifestyle, and Lighting and Innovation. HEALTHCARE BUSINESS In 2013, the company’s healthcare business was organized around four strategic business groups: Imaging Systems: This includes integrated clinical solutions that include radiation oncology, clinical applications and platforms, and portfolio management; advanced diagnostic imaging, including computed tomography (CT), magnetic resonance imaging (MRI) and molecular imaging (MI); diagnostic X-ray, including digital X-ray and mammography; interventional X-ray, encompassing cardiology, radiology, surgery and other areas; and ultrasound, a modality with diverse customers and broad clinical presence. Patient Care & Clinical Informatics: This includes enterprise-wide patient monitoring solutions, from value solutions to connected solutions, for real-time clinical information at the patient’s bedside; cardiology informatics and enterprise imaging informatics, including picture archiving and communication systems and other clinical information systems; patient monitoring and clinical informatics; mother and child care, including products and solutions for pregnancy, labor and delivery, newborn and neonatal intensive care and the transition home; and therapeutic care, including cardiac resuscitation, emergency care solutions, therapeutic temperature management, anesthesia care, hospital respiratory systems and ventilation. Home Healthcare Solutions: This includes sleep management, respiratory care and non-invasive ventilation; medical alert and medication dispensing services for independent living; and remote patient monitoring. Customer Services: This includes equipment services and support, including service contracts, installation, equipment maintenance, remote proactive monitoring and multi-vendor services; managed services, including equipment financing and asset management; and professional services, including consulting, site planning and project management, education and design. In January 2014, the company formed the Healthcare Informatics Solutions & Services business group. This business group focuses on a common digital healthcare platform, advanced informatics and big data analytics, and integration and consulting services. CONSUMER LIFESTYLE This segment consists of the following businesses: Personal Care, Domestic Appliances, and Health and Wellness. In 2013 the Consumer Lifestyle sector consisted of the following areas of business: health and wellness comprising mother and childcare, oral healthcare, and pain management; personal care comprising male grooming and beauty; and domestic appliances, including kitchen appliances, coffee, garment care, floor care, and air purification products. Its sales and service organization covers approximately 50 developed and growth geographies. LIGHTING This business consists of the following businesses: light sources and electronics, professional lighting solutions, consumer luminaires, automotive lighting, and lumileds. Light Sources and Electronics: This includes LED, eco-halogen, (compact) fluorescent, high-intensity discharge and incandescent light sources, plus electronic and electromagnetic gear, modules and drivers. Consumer Luminaires: This area comprises functional, decorative, lifestyle, and scene-setting luminaires. Professional Lighting Solutions: This area includes controls and luminaires for city beautification, road lighting, sports lighting, office lighting, shop/hospitality lighting, and industry lighting. Automotive Lighting: This area includes car headlights and signaling. Lumileds: This area comprises packaged LEDs. The Light Sources and Electronics business conducts its sales and marketing activities through the professional, OEM and consumer channels. Significant Events In June 2014, Royal Philips and salesforce.com announced a strategic alliance to deliver an open, cloud-based healthcare platform, leveraging Philips' positions in medical technology, clinical applications and clinical informatics and salesforce.com's positions in enterprise cloud computing, innovation and customer engagement. In June 2014, Royal Philips NV and Salesforce.com Inc. announced they are jointly developing a software platform for medical services. In July 2014, Elekta and Royal Philips announced that The Christie NHS Foundation Trust (Manchester, UK) would join a consortium whose mission is to develop the clinical value of an integrated magnetic resonance imaging (MRI) guided radiation therapy system. In September 2014, Ion Beam Applications S.A. and Royal Philips have signed a global collaboration agreement to provide diagnostic and therapeutic solutions for the treatment of cancer. Royal Philips NV has decided to split itself into two units by separating its lighting business into a separate listed company while retaining the health care and consumer lifestyle businesses under the existing firm. Both companies would use the Philips brand. Philips announced that it has opened its first Community Life Center in Kenya, an integrated solution for primary health care and service facilities that provides community development from a health care, lighting and healthy living perspective. History The company was founded in Eindhoven (the Netherlands) in 1891 by Frederik and Gerard Philips. It was formerly known as Koninklijke Philips Electronics N.V. and changed its name to Koninklijke Philips N.V. in 2013.
koninklijke philips nv
PO Box 77900
Amsterdam, 1096 BC
Phone: 31 20 597 7777
|Bridgestone Corp||¥3,514 JPY||+52.50|
|FUJIFILM Holdings Corp||¥3,539 JPY||+140.50|
|Linde AG||€149.08 EUR||-0.90|
|Mitsubishi Electric Corp||¥1,311 JPY||+47.00|
|Samsung C&T Corp||72,200 KRW||+200.00|
|View Industry Companies|
Sponsored Financial Commentaries
To contact KONINKLIJKE PHILIPS NV, please visit www.philips.com. Company data is provided by Capital IQ. Please use this form to report any data issues.