What is Philips Singapore?
Koninklijke Philips N.V., doing business as 'Philips', is the Netherlands based multinational electronics company that engages in the designing, manufacturing and marketing of vast array of home appliances, lighting and medical equipments. It began operations on May 15, 1891 under the leadership of Gerard Philips and his co-founder Frederik Philips.
The company has divided its business into Three divisions namely Philips Consumer Lifestyle, Philips Healthcare and Philips Lighting. Philips is a publicly held company listed on the New York stock exchange under the trading symbol 'PHG'. It is among the leading manufacturing companies of electronic products in the world. It sells its products in over 100 countries across the globe. The company operates its worldwide operations by the efforts of more than 122,000 employees. Philips has headquarters in Amsterdam, Netherlands.
Philips manufactures a broad line of electronics including imaging systems, coffee maker, vacuum cleaners, water purifier, air purifier and monitors. It also makes headphones, shaving accessories, hair removal, DVD players, home projectors etc. As of 2012, the company had Revenue of €24.78 billion. Philips operates over 124 manufacturing facilities which are located in 26 countries throughout the world.