Philips

Philips Global Leader in Health Technology and Innovation
Philips Global Leader in Health Technology and Innovation

About

Royal Philips, commonly referred to as Philips, is a global leader in health technology. Founded in 1891 in Eindhoven, Netherlands, the company has grown from a small light bulb manufacturer into a diversified conglomerate with a significant focus on health technology and innovation.

In recent years, Philips has strategically shifted its focus towards health technology, divesting from other business units to streamline operations and concentrate on healthcare. This transition was marked by the sale of its consumer electronics division and the spinning off of its lighting division, now known as Signify.

Innovation is deeply ingrained in Philips’ corporate culture. The company invests heavily in research and development (R&D) to drive technological advancements and improve healthcare outcomes. Philips operates several research facilities worldwide and collaborates with leading academic institutions and healthcare providers to stay at the cutting edge of medical technology.

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