Philips Logo – Koninklijke Philips Electronics NV ( Royal Dutch Philips Electronics Ltd ), popularly known as Philips (pronounced Filips) is a company e- Dutch . Philips is one of the largest electronics companies in the world. At the end of 2010, his total sales amounted to 25.419 billion euros and employed a workforce of 119.001 workers.

Philips is organized into several subdivisions such as Philips Consumer Lifestyle (formerly Philips Consumer Electronics, Philips Domestic Appliances and Personal Care), Philips Lighting and Philips Healthcare (formerly Philips Medical Systems). In April 2011, its CEO Frans van Houten, Philips announced the withdrawal of the TV market due to competition from Asian markets and the losses suffered by millions in the company as this.Its current CEO is Frans van Houten , who has held office since April 2011 , having succeeded the German engineer Gerard Kleisterlee who ruled the company since 2001. In 2004 , Philips stopped using the slogan Let’s Make Things Better to replace it with that of Sense and Simplicity .

Among the companies that Philips has acquired over the years to include Magnavox , Amperex Electronic , Signetics , Mullard , VLSI Technology , Marconi Medical Systems, ADAC Labs , ATL Ultrasound , parts of Westinghouse Electric and Agilent Technologies , as well as actions in consumer electronics from Philco and Sylvania . Philips stopped using the trademark Sylvania is now managed by SLI , except in Australia , Canada , Mexico , New Zealand , Puerto Rico and the United States , where it is owned Osram , part of Siemens . Philips also owns a manufacturing industry LED called Lumileds . In 2006 the company acquired Lifeline Systems , whose corporate headquarters is in Framingham , Massachusetts and in 2007 bought the company Ximis, Inc. of El Paso, Texas . On December 21 , 2007, Philips and Respironics announced an agreement to merge short, under which Philips launched a tender offer to acquire all outstanding shares of Respironics for 66 U.S. dollars each title or a total purchase price of approximately 3,600 million euros.

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