Philips

Koninklijke Philips Electronics N.V.
Type Naamloze vennootschap (Euronext: PHIA, NYSE: PHG)
Industry Electronics
Founded 1891, Eindhoven
Headquarters Amsterdam, the Netherlands
Area served Worldwide
Key people Gerard Kleisterlee (CEO), Jan-Michiel Hessels (Chairman of the supervisory board)
Products Consumer electronics, domestic appliances, lighting, medical systems, medical technology
Revenue €23.19 billion (2009)[1]
Operating income €614 million (2009)[1]
Profit €410 million (2009)[1]
Total assets €30.53 billion (2009)[1]
Total equity €14.60 billion (2009)[1]
Employees 123,800 (FTE, 2009)[1]
Website www.philips.com
Philips headquarters in Amsterdam

Koninklijke Philips Electronics N.V. (Royal Philips Electronics Inc.), most commonly known as Philips, (Euronext: PHIA, NYSE: PHG) is a multinational Dutch electronics corporation.

Philips is one of the largest electronics companies in the world. In 2009, its sales were €23.18 billion. The company employs 123,800 people in more than 60 countries.[2]

Philips is organized in a number of sectors: Philips Consumer Lifestyles (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Philips Lighting and Philips Healthcare (formerly Philips Medical Systems).

Contents

History

Philips electric razor

The company was founded in 1891 by Gerard Philips, a maternal cousin of Karl Marx, in Eindhoven, Netherlands. Its first products were light bulbs and other electro-technical equipment. Its first factory survives as a museum devoted to light sculpture.[3] In the 1920s, the company started to manufacture other products, such as vacuum tubes (also known worldwide as 'valves'), In 1927 they acquired the British electronic valve manufacturers Mullard and in 1932 the German tube manufacturer Valvo, both of which became subsidiaries. In 1939 they introduced their electric razor, the Philishave (marketed in the USA using the Norelco brand name).

Philips was also instrumental in the revival of the Stirling engine.

Philips Radio

Philips radio receiver model 930A, 1931

On 11 March 1927 Philips went on the air with two shortwave radio stations, PHOHI broadcasting in Dutch to the Dutch East Indies (now Indonesia) and PCJJ (later PCJ) which broadcast in English, Spanish and German to the rest of the world.

The international program on Sundays commenced in 1928 with host Eddie Startz hosting the Happy Station show which became the world's longest running shortwave program.

Broadcasts from the Netherlands were interrupted by the German invasion in May 1940. The transmitters in Huizen were commandeered by the Germans and used for pro-Nazi broadcasts, some originating from Germany, others concerts from Dutch broadcasters under German control.

Philips Radio did not resume after Liberation. Instead the two shortwave stations were nationalised and became Radio Netherlands Worldwide, the Dutch International Service in 1946 though PCJ programs such as Happy Station continued on the new station.

World War II

Philips shield

On 9 May 1940, the Philips directors were informed about the German invasion of the Netherlands to take place the following day. They decided to leave the country and flee to the United States, taking a large amount of the company capital with them. Operating from the US as the North American Philips Company, they managed to run the company throughout the war. At the same time, the company itself was moved to the Netherlands Antilles (just on paper) to keep it out of German hands.

It is also believed that Philips—both before and during the war—supplied enormous amounts of electric equipment to the German occupation forces, which has led some people to think that the company collaborated with the Nazis, like many other firms in their day. However, there is no evidence to suggest that Philips itself or its management ever sympathized with the Nazis or their ideologies. The only Philips family member who did not leave the country, Frits Philips, saved the lives of 382 Jews by indicating to the Nazis that they were indispensable for the production process at Philips,[4] for which he was awarded recognition as a "Righteous Among the Nations" by Yad Vashem in 1995.[5] There is little Philips could have done to prevent the Germans from abusing their production facilities and forcing their employees to perform slave labour during the occupation. The production facility in Eindhoven was the only Dutch industrial target that was deliberately bombed by the allied forces during the war.

Postwar era

After the war the company was moved back to the Netherlands, with their headquarters in Eindhoven. Many secret research facilities had been locked and successfully hidden from the invaders, which allowed the company to get up to speed again quickly after the war.

Philips Lighttower in Eindhoven.

In 1950, Philips formed Philips Records.

Philips introduced the audio Compact Cassette tape in 1963 and was wildly successful. Compact cassettes were initially used for dictation machines for office typing stenographers and professional journalists. As their sound quality improved, cassettes would also be used to record sound and became the second mass media to sell recorded music alongside vinyl records. Philips introduced the first combination portable radio and cassette recorder which is marketed as the "radiorecorder" and which is now better known as the boom box. Later the cassette was used in telephone answering machines including a special form of cassette where the tape was wound on an endless loop. The C-cassette found itself also as the first mass storage device for early personal computers in the 1970s and 1980s. Philips would also reduce the cassette size for the professional needs, first with the mini cassette and later the microcassette which were predominant dictation machines up to the advent of fully digital dictation machines. 

In 1972 Philips launched the world's first home video cassette recorder, the N1500 with bulky video cassettes that could record 30 minutes or 45 minutes. Later one hour tapes were also offered. As competition came from Sony's Betamax and the VHS group of manufacturers, Philips introduced the N1700 system which allowed double length recording and for the first time would fit a 2 hour movie onto one video cassette; in 1977, the company unveiled a special promotional film for this system in the UK featuring comedic personality Denis Norden[6]. This idea was soon copied by the Japanese makers whose tapes were significantly cheaper. Philips made one last attempt at a new standard for video recorders with the Video 2000 system with tapes that could be used on both sides and had thus 8 hours of total recording time. As Philips only sold its systems on the PAL standard and in Europe, and the Japanese makers sold globally, the scale advantages of the Japanese proved insurmountable and Philips withdrew the V2000 system and joined the VHS Coalition. 

Philips had early developments of a laser disk for selling movies but delayed its commercial launch for fear of cannibalizing its video recorder sales. Later Philips would join with MCA to launch the first commercial laser disk standard and players. In 1982, Philips would team with Sony to launch Compact Disc. These formats evolved to the present day DVD and Blu-Ray, which Philips launched with Sony in 1997  and 2006 respectively.

In 1991, the company's name was changed from N.V. Philips Gloeilampenfabrieken to Philips Electronics N.V. At the same time, North American Philips was formally dissolved, and a new corporate division was formed in the U.S. with the name Philips Electronics North America Corp. 

In 1997 the decision was made to move the headquarters from Eindhoven to Amsterdam, along with the corporate name change to Koninklijke Philips Electronics N.V.  The move was completed in 2001. Initially, the company was housed in the Rembrandt Tower, but in 2002 they moved again, this time to the Breitner Tower. In a sense, the move to Amsterdam can be considered a return to the company's roots, because Gerard Philips lived in Amsterdam when he came up with the idea of building a light bulb factory. He also conducted his first experiments in the field of mass production of light bulbs there, together with Jan Reesse. Philips Lighting, Philips Research, Philips Semiconductors (spun off as NXP in September 2006) and Philips Design, are still based in Eindhoven. Philips Healthcare is headquartered in both Best, Netherlands (just outside Eindhoven) and Andover, Massachusetts, United States (near Boston).

As of 2010 the company does not try to be innovative anymore in consumer electronics through fundamental research. [7]

Main inventions

Main articles: Compact Cassette, Laserdisc, Compact Disc, DVD, and Blu-ray

Compact Cassette

In 1962 Philips invented the compact audio cassette medium for audio storage. Although there were other magnetic tape cartridge systems, the Compact Cassette became dominant as a result of Philips's decision to license the format free of charge.

Laserdisc

Laserdisc was a 30 cm disc designed with MCA meant to compete with VHS and even replace it. It was not as generally popular as VHS, because of the initial investment costs of players, somewhat higher costs of movie titles, and the read-only format. But like Betamax, it enjoyed extensive success among serious video collectors. The technologies created for Laserdisc would later be used again for the Compact Disc.

Compact Disc

Although Philips' and MCA's Laserdisc project never reached the VHS mass market level, Philips still thought the format should be able to succeed, and (with Sony's help), in 1982 they launched the smaller CD.

DVD

The DVD, the eventual successor of the CD, met a long road of setbacks. Philips wanted to continue with the CD in a new format called MultiMedia Compact Disc (MMCD), while another group (led by Toshiba) was developing a competing format, then named Super Density (SD) disc. Their representatives approached IBM for advice on the file system. IBM also learned of Philips' and Sony's initiative. IBM convinced a group of computer industry experts (among them Apple, Dell, etc.) to form a working group. The Technical Working Group (TWG) voted to boycott both formats unless they merged to prevent another format war (like the videotape format war). The result was the DVD specification, finalized in 1995. The DVD video format was first introduced in Japan in 1996, later in 1997 in the U.S. as limited test run, then across Europe and the other continents from late 1998 onwards.

Blu-Ray

Blu-Ray, yet again primarily developed by Philips and Sony, utilizes blue-violet colored diodes to create an even shorter wavelength beam than CD or DVD. Because of this, the capacity is much more than that of CD or DVD, being 25 GB single-layered or 50 GB dual-layered.

Sale of semiconductors

As a chip maker, Philips Semiconductors was among the Worldwide Top 20 Semiconductor Sales Leaders.

In December 2005 Philips announced its intention to make the Semiconductor Division into a separate legal entity. This process of "disentanglement" was completed on 1 October 2006.

On 2 August 2006, Philips completed an agreement to sell a controlling 80.1% stake in Philips Semiconductors to a consortium of private equity investors consisting of Kohlberg Kravis Roberts & Co. (KKR), Silver Lake Partners and AlpInvest Partners. The sale completed a process, which began December 2005, with its decision to create a separate legal entity for Semiconductors and to pursue all strategic options. Six weeks before, ahead of its online dialogue, through a letter to 8,000 of Philips managers, it was announced that they were speeding up the transformation of Semiconductors into a stand-alone entity with majority ownership by a third party. It was stated then that "this is much more than just a transaction: it is probably the most significant milestone on a long journey of change for Philips and the beginning of a new chapter for everyone – especially those involved with Semiconductors".

In its more than 115 year history, this counts as a big step that is definitely changing the profile of the company. Philips was one of few companies that successfully made the transition from the electrical world of the 19th century into the electronic age, starting its semiconductor activity in 1953 and building it into a global top 10 player in its industry. As such, Semiconductors was at the heart of many innovations in Philips over the past 50 years.

Agreeing to start a process that would ultimately lead to the decision to sell the Semiconductor Division therefore was one of the toughest decisions that the Board of Management ever had to make.

On 21 August 2006, Bain Capital and Apax Partners announced that they had signed definitive commitments to join the expanded consortium headed by KKR that is to acquire the controlling stake in the Semiconductors Division.

On 1 September 2006, it was announced in Berlin that the name of the new semiconductor company founded by Philips is NXP Semiconductors.

Coinciding with the sale of the Semiconductor Division, Philips also announced that they would drop the word 'Electronics' from the company name, thus becoming simply Koninklijke Philips N.V. (Royal Philips N.V.).

Corporate affairs

In 2004, Philips abandoned the slogan "Let's make things better" in favour of a new one: "Sense and simplicity".

ASM Lithography is a spin-off from a division of Philips.

Origin, now part of Atos Origin, is a former division of Philips.

Its record division, Polygram, was sold to Seagram in 1998 to form Universal Music Group.

Philips Intellectual Property and Standards,[8] is the company's division dealing with licensing, trademark protection and patenting. Philips currently holds about 55,000 patent rights, 33,000 trademark registrations, and 49,000 design registrations.

CEOs

Past and present CEOs:

Acquisitions, subsidiaries and spinouts

Acquisitions

Companies acquired by Philips through the years include Amperex, Magnavox, Signetics, Mullard, VLSI, Agilent Healthcare Solutions Group, Marconi Medical Systems, ADAC Labs, ATL Ultrasound, portions of Westinghouse and the consumer electronics operations of Philco and Sylvania. Philips abandoned the Sylvania trademark which is now owned by SLI (Sylvania Lighting International) except in Australia, Canada, Mexico, New Zealand, Puerto Rico and the USA where it is owned by the Osram unit of Siemens. Formed in November 1999 as a equal joint venture between Philips and Agilent Technologies, the light-emitting diode manufacturer Lumileds became a subsidiary of Phillips Lighting in August 2005 and a fully-owned subsidiary in December 2006.[9][10] In 2000, Philips bought Optiva Corporation, the maker of Sonicare electric toothbrushes. The company was renamed Philips Oral Healthcare and made a subsidiary of Philips DAP. In 2006 Philips bought out the company Lifeline Systems headquartered in Framingham, Massachusetts. In August 2007 Philips acquired the company Ximis, Inc. headquartered in El Paso, Texas for their Medical Informatics Division.[11] In October 2007, it purchased a Moore Microprocessor Patent (MPP) Portfolio license from The TPL Group.

On Friday, 21 December 2007 Philips and Respironics, Inc. announced a definitive merger agreement pursuant to which Philips will commence a tender offer to acquire all of the outstanding shares of Respironics for US$66 per share, or a total purchase price of approximately €3.6 billion (US$5.1 billion) to be paid in cash upon completion.[12]

Spinouts

Polymer Vision,[13] the maker of The Readius,[14] is a spin out from Philips Electronics.

APRICO Solutions,[15] is a venture within Philips Intellectual Property and Standards.

Philips also forayed into the pharmaceuticals market in a company best known as Philips-Duphar (Dutch Pharmaceuticals). Philips-Duphar made products for crop protection, veterinary medicine and products for human use. Duphar was sold to Solvay, now Solvay Pharmaceuticals. In subsequent years divisions have been sold of, by Solvay, to other companies (crop protection was sold to UniRoyal, now Chemtura and the veterinary division was sold to Fort Dodge, a division of Wyeth).

Sports, sponsorships and naming rights

Traditionally Philips has a vested interest in sports, originally as a means to provide a healthy form of recreation for its employees. In 1913, in celebration of the Centenary of Dutch independence from France, Philips founded a sports club called Philips Sport Vereniging (Philips Sports Club), or PSV, as it is now known. The sports club encompasses all kinds of sports, but is currently most famous for its Premier League football team and its swimming team. Philips owns the naming rights to Philips Stadion, located in Eindhoven, which is home to Dutch football team PSV Eindhoven.

Abroad, Philips sponsors and has sponsored numerous sport clubs, sport facilities, and events. Philips recently (November 2008) extended its very successful F1 partnership with AT&T Williams to include many more product groups.

Furthermore, Philips owns the naming rights to the Philips Arena in Atlanta, Georgia and to the Philips Championship, the premier basketball league in Australia, traditionally known as the National Basketball League. Between 1988 and 1993 Philips were also the major sponsors of The Balmain Tigers, an Australian rugby league team.

In Thailand Philips is a sponsor of PEA FC.

Outside of sports Philips sponsors the Philips Monsters of Rock festival, held in many countries all over the world.

Worldwide presence

Philips also used to sell major household appliances (whitegoods) under the name Philips. After selling the Major Domestic Appliances division to Whirlpool Corporation it changed via Philips Whirlpool and Whirlpool Philips to Whirlpool only. Whirlpool bought a 53% stake in Philips' major appliance operations to form Whirlpool International. Whirlpool bought Philips' remaining interest in Whirlpool International in 1991.

Philips is a member of the Hybrid Broadcast Broadband TV (HbbTV) consortium of broadcasting and Internet industry companies (also including SES Astra, Humax, OpenTV and ANT Software) that is promoting and establishing an open European standard (called HbbTV) for hybrid set-top boxes for the reception of broadcast TV and broadband multimedia applications with a single user interface.

Australia

Philips Australia was founded in 1927 and has been involved in many activities over the years, especially manufacturing. Philips Australia has its headquarters in North Ryde, New South Wales. The company employs over 400 people nationwide.

Regional sales and support offices are located in Melbourne, Brisbane, Adelaide and Perth. IT infrastructure Services are provided by IBM under the APAC regional River contract and managed by Philips ITI.

Current operating sectors/activities include;

As of 2009 philips removed the majority of its AV products from Australia. It is now only a small appliance reseller. These products are sold by a distributor.

Brazil

Philips do Brasil was founded in 1924.[16] In 1929, Philips started to sell radio receivers. In the 1930s, Philips was making its light bulbs and radio receivers in Brazil. From 1939 to 1945, World War II forced Brazilian branch of Philips to sell bicycles, refrigerators and insecticides. After the war, Philips had a great industrial expansion in Brazil,and was among first groups to establish in Manaus Free Zone. In the 1970s, Philips Records was a major player in Brazil recording industry. Nowadays, Philips do Brasil is one of the largest foreign-owned companies in Brazil.

Canada

For several years, Philips manufactured lighting products in Canada. They had two factories.

One was in Winsdor, ON. It has been opened by Philips in '71. The factory produced A19 lamps (including the "Royale" long life bulbs), PAR38 lamps and T19 lamps (originally a Westinghouse lamp shape). Philips closed the factory in May '03.

The other plant was at Trois-Rivières, Quebec. It was formerly a Westinghouse factory, Philips simply continued to run it after buying the Westinghouse's lamp division in '83. Philips closed this factory a few years later, in the late 80s.

China, People's Republic of

In early 2008 Philips Lighting, a division of Royal Philips Electronics, opened a small engineering center to adapt the company's products to vehicles in Asia.[17]

Hong Kong

Philips Hong Kong began operation in 1948. Philips Hong Kong houses the global headquarter of Philips' Audio Business Unit. It also house Philip's Asia Pacific regional office and headquarters for its Design Division, Domestic Appliances & Personal Care Products Division, Lighting Products Division and Medical System Products Division.[18]

Philips also has a Light Factory in Hong Kong, with 11 automatic production lines installed which is capable of producing 200 million pieces a year. The Philips Light Factory was established in 1974, now certified with ISO9001:2000 & ISO14001, its product portfolio ranges from Prefocus, Lensend to E10 miniature light bulbs.[18]

France

Philips France has its headquarters in Suresnes. The company employs over 3600 people nationwide.

India

Philips started operations in India at Kolkata (Calcutta) in 1930 under the name Philips Electrical Co. (India) Pvt Ltd, comprising a staff of 75. It was a sales outlet for Philips lamps imported from overseas.

In 1938 ,Philips India set up its first Indian lamp-manufacturing factory in Kolkata. After the Second World War in 1948, Philips started manufacturing radios in Kolkata. In 1959, a second radio factory is established near Pune.

As of 2008, Philips India has about 4,000 employees.

Israel

Philips has been active in Israel since 1948 and in 1998 set-up a wholly-owned subsidiary, Philips Electronics (Israel) Ltd. The company has 600 employees in Israel and generated sales of over $300 million in 2007.[19]

Mexico

There are several manufacturing plants in Mexico. Some of them are:

Philips Lighting in:

Philips Consumer Electronics in:

Philips Domestic Appliances used to be manufactured in a large factory in Industrial Vallejo sector of Mexico City but was closed in 2003–2004.

Poland

United Kingdom

Philips UK has its headquarters in Guildford, Surrey. The company employs over 2500 people nationwide. Official Philips UK website.

In the past, Philips UK also included

United States

Philips' American headquarters is Philips Electronics North America Corporation, 3000 Minuteman Rd., Andover, Massachusetts For many years, the North American headquarters was located in New York, but with the company's footprint in healthcare ever increasing, it made sense to co-locate its headquarters office with its largest business sector (healthcare).

Philips Lighting has its corporate office in Somerset, New Jersey

with manufacturing plants in:

distribution centers in:

Philips Healthcare is headquartered in Andover, Massachusetts. The North American sales organization is based in Bothell, Washington. There are also manufacturing facilities in:

One factory in Knoxville, Tennessee has closed. (Need info.)

Philips Consumer Lifestyle has its corporate office in Stamford, Connecticut. It has a manufacturing plant in Snoqualmie, Washington which makes Sonicare electric toothbrushes.

Philips Research has a laboratory in Briarcliff Manor, New York.

In 2007, Philips has entered into a definitive merger agreement with North American luminaires company Genlyte Group Incorporated, which provides the company with a leading position in the North American luminaires (also known as ˜lighting fixtures"), controls and related products for a wide variety of applications, including solid state lighting. The company also acquired Respironics, which was a significant gain for its healthcare sectore.

Philips has received many awards for its design, innovation and business standards. It is considered by many as one of the world's leading innovators in technology, particularly for healthcare, lighting and consumer products.

Major consumer electronics products

Philips Videopac G7000
Philips Iridium

1951 – introduced the Philishave two-headed rotary shaver, marketed in the USA under the Norelco name.

1963 – introduced the Compact cassette.

1963 – introduced the first domestic home video tape recorder, the 405 line 1" tape reel model EL3400.

1978 – introduced the laserdisc player, using technology invented in the 1960s.

1978 – introduced the Philips Videopac G7000 (pictured at right), a home video game console developed by its Magnavox division. Marketed in the United States as the Odyssey2 console. Variations of the console are sold worldwide through 1984.

1979 – introduced the Video 2000-system: a technically superior design, but a commercial failure.

1982 – launched the Compact Disc in partnership with Sony.

1983 – participated in developing the MSX home computer standard. This computer standard was mainly popular in Japan and The Netherlands.

1991 – introduced the CD-i, the Compact Disc Interactive system which had many video-game console-type features,[20] but was not a sales success .

1992 – launched the ill-fated Digital Compact Cassette format.

1995 – manufactured the Atari Jaguar's CD add-on for Atari.

1999 – launched the Super Audio CD in partnership with Sony.

2000 - launched the luminaire Iridium.

2001 – successfully launched the Senseo coffeemaker, first in the Netherlands and from 2002 onwards, in other countries across Europe. It produces coffee by brewing from custom-made pads containing coffee grounds. The original Senseo pads are produced by Douwe Egberts. The Senseo has been available in the US since 2004.

2004 – Philips HomeLabs research center created the Mirror TV technology used in their MiraVision television line.

2006 – introduced the Blu-ray Disc in partnership with Sony.

2008 – introduced flatscreen with WOW VX technology. (3D tv)

2008 – introduced the Relationship Care range of Philips Intimate Massagers to the UK market.

The company receives a royalty on every DVD manufactured.[21]

2009 – introduced the Philips Cinema 21:9 TV in a widescreen mode for HDTVs with an LCD display using the aspect ratio.

Healthcare products

Imaging Systems

Diagnostic Monitoring

  • Diagnostic ECG

Defibrillators

  • Accessories
  • Equipment
  • Software

Consumer

  • Philips AVENT

Patient Care and Clinical Informatics

  • Anesthetic Gas Monitoring
  • Blood Pressure
  • Capnography
  • Diagnostic Sleep Testing
  • D.M.E.
  • ECG
  • Enterprise Patient Informatics Solutions
OB TraceVue
Compurecord
ICIP
eICU Program
Emergin
  • Hemodynamic
  • iSite PACS
  • Multi-Measurement Servers
  • Neurophedeoiles
  • Pulse Oximetry
  • Temperature
  • Transcutaneous Gases
  • Ventilation
  • ViewForum
  • Xcelera
  • XIRIS

See also

Spin-offs

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Annual Results 2009". Philips. http://www.newscenter.philips.com/main/confidential/resources/corporate/quarterly_results/R_4Q09.pdf. Retrieved 25 January 2010. 
  2. ↑ "Annual Report 2007" (PDF). Philips. http://www.annualreport2007.philips.com/tools/stream.asp?file=/downloads/files/Philips2007_AnnualReport.pdf. Retrieved 26 December 2008. 
  3. ↑ Kunstlichtkunst.nl, Centrum Kunstlicht
  4. ↑ About Philips – Royal Philips
  5. ↑ The Encyclopedia of the Righteous Among the Nations: Rescuers of Jews during the Holocaust: The Netherlands. Jerusalem: Yad Vashem, 2004, pp.596–597
  6. ↑ "BFI – Film & TV Database – The PHILIPS TIME MACHINE (1977)". The British Film Institute Web Database. http://ftvdb.bfi.org.uk/sift/title/105150. Retrieved 16 February 2010. 
  7. ↑ NRC Handelsblad, 4 Sept. 2010 Het nieuwe Philips wordt blij van een iPad-hoesje/The new Philips becomes happy from an iPad cover, Dutch original:" 'We zijn geen high-tech bedrijf meer, het gaat erom dat de technologieën introduceren die breed gedragen worden door de consument', zegt Valk [..] Consumer Lifestyle is nu zodanig ingericht dat er geen jaren meer gewerkt wordt aan uitvindingen die weinig kans van slagen hebben. [..]De Philips staf windt er geen doekjes om dat het bedrijf niet altijd voorop loopt bij de technologische ontwikkelingen in consumentengoederen."
  8. ↑ IP.Philips.com
  9. ↑ LedsMagazine.com
  10. ↑ LedsMagazine.com
  11. ↑ 16.08.2007, Philips to Acquire Healthcare Informatics Company XIMIS Inc. to Strengthen Presence in the Healthcare Information Technology Market
  12. ↑ NewsCenter.philips.com
  13. ↑ Polymervision.com
  14. ↑ Raedius.com
  15. ↑ Aprico.tv
  16. ↑ Eira.com.br
  17. ↑ Philips opens lighting center in China Automotive News Report – 1 May 2008
  18. ↑ 18.0 18.1 (Company profile – Philips Hong Kong)
  19. ↑ Philips Israel- Company Overview, http://www.philips.co.il/, retrieved 1 May 2010 
  20. ↑ Philipcscdi.com, History of Philips CD-i
  21. ↑ "How can papers afford to give away DVDs?", news.bbc.co.uk, The BBC, 11 October 2005. Retrieved on 29 July 2007.

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