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Last €20.90 EUR
Change Today -0.19 / -0.90%
Volume 2.3K
As of 11:35 AM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Philips Center

Amstelplein 2

Amsterdam, 1096 BC


Phone: 31 20 597 7777


ent, and certain costs of pension and other post-retirement benefit plans. Additionally, the global shared business services for procurement, finance, human resources, IT and real estate are reported in this sector. PGI feeds the pipeline, enabling its business partners – the Philips operating businesses – to create new business options through new technologies, new business creation, and intellectual property (IP) development. PGI encompasses Philips Research, Philips Innovation Services, the Philips Innovation Campus in Bangalore, the Philips Innovation Center Shanghai, Philips Design, the Philips Healthcare Incubator, and the Emerging Business Areas. PGI actively participates in Open Innovation through relationships with academic, and industrial partners, as well as through European and regional projects, to improve innovation effectiveness and efficiency, capture and generate new ideas, enhance technology partnering capabilities, and share the related financial exposure. Philips Research Philips Research is the main partner of the company’s operating businesses for technology-enabled innovation. It creates new technologies and the related IP, which enables Philips to grow in businesses and markets. In the area of Healthcare, Philips Research co-created with John Hopkins University and Hospital a new 3D MRI-based technology to assess liver tumor response after chemo-embolization. Philips and Eindhoven University of Technology announced a strategic cooperation aimed at accelerating the exploration and development of digital innovations in healthcare, lighting and data science. Philips Innovation Services Philips Innovation Services offers a range of technical and industry consulting services in development, industrialization and supply chain. Innovation Services’ skills are leveraged by Philips Businesses, Markets and Philips Group Innovation in all regions and in a range of projects across the value chain. Philips Innovation Campus Bangalore Philips Innovation Campus Bangalore hosts activities from most of the company’s operating businesses, Philips Research, Design, IP&S, and IT. Philips Design Philips Design is a global function within the company, consists of a Group Design team that leads the function and develops new competencies, and fully integrated sector Design teams ensuring close alignment with the Philips businesses. The organization is made up of designers across various disciplines, as well as psychologists, ergonomists, sociologists and anthropologists – all working together to understand people’s needs and desires and to translate these into relevant solutions and experiences that create value for people and business. Together with the Healthcare Transformation Services business, Philips Design is developing in-depth consulting relationships with the company’s Healthcare partners. Philips Healthcare Incubator In 2014, the company completed the acquisition of Unisensor, a start-up company offering technology. Philips Emerging Business Areas Philips Emerging Business Areas identify, create and grow new activities that are outside the scope of the operating businesses. The portfolio is managed on a venturing basis. Philips Photonics designs, manufactures, markets, and sells VCSEL-based solutions for data communications, consumer and industrial applications. VCSELs are LED- like lasers enabling applications like gesture control, environmental sensing, precise scene illumination for surveillance cameras, and data communication. Philips Photonics has enabled the introduction of laser-based PC mice and high-bit-rate active optical cables, as well as introducing VCSEL- based solutions for industrial processing of plastic materials. Philips Wearable Sensing Technologies (WeST) delivers continuous personal health measurements through modules specifically designed for integration in wearable devices. Philips IP Philips IP&S proactively pursues the creation of new IP in close co-operation with Philips’ operating businesses and Philips Group Innovation. Philips’ IP portfolio consists of approximately 14,200 patent families (68,400 patent rights), 2


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Price/Sales 0.8x
Price/Book 1.7x
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