About Philips
Founded in The Netherlands 1890
Philips was founded in 1891 in the Netherlands, by Frederik Philips and his son, Gerard. Recognizing the opportunity presented by the mass-market introduction of electricity, and inspired by Gerard’s keen interest in scıence and engineering, the pair soon conceived a bold but timely plan: cost-effective, reliable electric incandescent light bulbs. Over a period of 130+ years, Philips has continued to improve people’s lives with a steady flow of ground-breaking innovations.
Brand with a purpose
Philips is more than a company name – it is a brand with a purpose. The last decades marked a renewed, people-centric focus and the company’s first fully comprehensive approach to creating a harmonized Philips brand experience, delivering solutions that are advanced, easy to use, and designed around the user. With a 2021 brand value in excess of USD 12 billion, as defined by branding agency Interbrand, Philips is one of the world’s strongest brands. As a technology company, Philips – and its brand licensees – innovate for people with one consistent belief: there’s always a way to make life better.
Doing business responsibly and sustainably
As a responsible company, Philips operates sustainably, to high Environmental, Social and Governance (ESG) standards. Philips continues to embed sustainability ever deeper in the way to do business – in operations and beyond, together with its partners.
Brand Licensing partners
On the basis of fixed-term licensing agreements, the Philips brand is used by various external parties – in fields such as lighting, television, audio, domestic appliances, drink water appliances and personal health appliances (eg. portable massagers). Licensees comply with stringent quality standards to ensure the value of the Philips brand is maintained.
