Koninklijke Philips NV

Technology

Koninklijke Philips NV (NYSE: PHG) is a Netherland-based medical technology company that provides innovative healthcare solutions.

The company, also known as Royal Philips, manufactures consumer well-being products, healthcare products, and lighting products.

The healthcare technology firm operates under different business segments:
• Diagnostic and treatment
• Personal Health
• Connected Care business

Personal Health Segment

The firm aims to provide healthy living and prevention products under the personal health segment. The products include personal care products, domestic appliances, oral care products, mother and child care products.

Diagnosis & Treatment Segment

The segment deals with the innovative diagnosis and disease pathway facilities and provides minimal clinical and image-guided treatments. It provides various solutions, including:
• diagnostic imaging
• ultrasound
• healthcare informatics
• image-guided therapies

Connected Care & Health Informatics Segment

The company provides services and integrated solutions for patient care facilities, including advanced analytics, integrated monitoring systems, advanced intelligent platforms, optimized clinical and IT services, and essential services for both internal and external operations.

The principal business activities consists of monitoring and analytical solutions, therapeutic care, health management, sleep and respiratory care services.

The other segment deals with consolidating reports on various products and items, innovations and strategies, intellectual property (IP) royalties and central costs.

Father and son duo Frederik Philips and Gerard Philips founded the company in 1891.

The Amsterdam-based company has active business operations in over 100 countries. The healthcare tech firm reportedly aims to improve its services by 2030 towards betterment of 2.5 billion lives annually.

The technology company also provides lighting solutions for automotive sectors, including car lights, LED headlight bulbs, motorcycle lights, etc. In addition, it provides digital signage solutions, LED display and professional television services.

The company claims to serve over 400 million people in underserved communities.

The stocks are listed on the New York Stock Exchange and trade with 'PHG' ticker. In addition, the tech firm is listed on the European Stock Exchange and Euronext N.V. under the symbol 'PHIA'. It is among the AEX or Amsterdam Exchange Index components.

Contact Information

company address Philips Center, Amstelplein 2, 1096 BCAmsterdam, The Netherlands

company phone31 2059 77232

company email[email protected]m

company websitehttps://www.philips.co.in/

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