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Philips Consumer Lifestyle
Philips Consumer Lifestyle is a subsidiary of the Dutch multinational electronics company Philips which produces consumer electronics and small appliances. It is the only Philips company headquartered in Amsterdam, the Netherlands. The Americas division is headquartered in Stamford, Connecticut. Philips Consumer Lifestyle was formed in 2008 from the merger of Philips Consumer Electronics and Philips Domestic Appliances and Personal Care. Philips receives royalties from the sale of every CD, DVD and Blu-ray. History While Philips' first product was manufactured in 1891, the first product that would fit in the Consumer Electronics division was a Television set , television, experimentally manufactured in 1925. In 1927, Philips began producing radios. Only five years later, Philips had sold one million of them. One other major product release came in 1963, when the Compact Cassette was introduced. After Philips Consumer Electronics acquired companies as Magnavox and Sylvania ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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Philips 930
Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven. Philips was formerly one of the largest electronics companies in the world, but is currently focused on the area of health technology, having divested its other divisions. The company was founded in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. It currently employs around 80,000 people across 100 countries. The company gained its royal honorary title (hence the ''Koninklijke'') in 1998 and dropped the "Electronics" in its name in 2013, due to its refocusing from consumer electronics to healthcare technology. Philips is organized into three main divisions: Personal Health (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Connected ...
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De Volkskrant
''de Volkskrant'' (; ''The People's Paper'') is a Dutch daily morning newspaper. Founded in 1919, it has a nationwide circulation of about 250,000. Formerly a leading centre-left Catholic broadsheet, ''de Volkskrant'' today is a medium-sized centrist compact. Pieter Klok is the current editor-in-chief. History and profile ''De Volkskrant'' was founded in 1919 and has been a daily morning newspaper since 1921. Originally ''de Volkskrant'' was a Roman Catholic newspaper closely linked to the Catholic People's Party and the Catholic pillar. The paper temporarily ceased publication in 1941. On its re-founding in 1945, its office moved from Den Bosch to Amsterdam. It became a left-wing newspaper in the 1960s, but began softening its stance in 1980. On 23 August 2006 the ''Volkskrant'' published its 25,000th edition. In 1968, the ownership of De Volkskrant and Het Parool merged into a new parent, De Perscombinatie. Het Parool gained control due to the larger investment in the par ...
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Funai
is a Japanese consumer electronics company headquartered in Daitō, Osaka. Apart from producing its own branded electronic products, it is also an OEM providing assembled televisions and video players/recorders to major corporations such as Sharp, Toshiba, Denon, and others. Funai supplies inkjet printer hardware technology to Dell and Lexmark, and produces printers under the Kodak name. Its United States-based subsidiary Funai Corporation, Inc., based in Torrance, California, markets Funai products in the US, along with Funai-licensed brands including Philips, Magnavox, Emerson Radio, and Sanyo. Funai is the main supplier of electronics to Walmart and Sam's Club stores in the US, with production output in excess of 2 million flat-panel televisions during the summertime per year for Black Friday sale. History Funai was founded by Tetsuro Funai, the son of a sewing machine manufacturer. During the 1950s before the company was formed, Funai produced sewing machines and was one ...
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TP Vision
TP Vision (TP standing for TPV Philips) is a wholly owned subsidiary of TPV Technology, based in Amsterdam, Netherlands. It develops, manufactures and markets Philips branded TV sets and Philips Professional Displays and LEDwalls in Europe, Russia, the Middle East, Brazil, Argentina, Uruguay, Paraguay, Mexico, Peru, Chile and selected countries in Asia-Pacific, serving both the consumer and hospitality markets. History In 2011, Philips announced its intention to sell a majority stake in its HDTV business to TPV Technology. In April 2012, all 3300 employees of Philips' TV division were transferred to TP Vision, a joint venture 70% owned by TPV Technology, headquartered in Hong Kong, China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ... and 30% by Royal Philips Electronics. Phil ...
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TPV Technology
TPV Technology Limited (informally TPV, ) is a Fortune China 500 multinational electronics manufacturing company headquartered in Kwun Tong, Hong Kong, and incorporated in Bermuda. It is the world’s largest manufacturer of computer monitors with a 33% market share. TPV designs and produces a full range of CRT and TFT LCD monitors as well as LCD TVs for distribution globally. It owns brands such as AOC, Envision, and Philips for some products (TPV obtained the brand name of Philips from Koninklijke Philips N.V.). It is also an original design manufacturer for other companies. The company started privatization in late 2019. History The company was founded in 1990 in China as Top Victory Electronics, as the mainland China manufacturing plant of AOC International (founded in 1967). In September 2005, TPV Technology acquired part of Philips' monitor and entry-level flat screen TV manufacturing business, making it the largest display manufacturer in the world. In March 2008, TPV ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Norelco
Norelco is the American brand name for electric shavers and other personal care products made by the Consumer Lifestyle division of Philips. For personal care products marketed outside the United States, Philips used the Philishave trademark until 2006. Philips then dropped that name and began using the Philips name. History of the name From the early 1940s, Philco was legally able to prevent Philips from using the name "Philips" on any products marketed in the United States, because the two names were judged to sound similar enough to cause consumer confusion and potentially lead to claims of trademark infringement. This was made official and legally binding on January 19, 1943 when the court ruled in favor of the plaintiff in the corresponding case of ''Philco Corporation v. Phillips Mfg. Co.'', that allowed Philco to prevent Philips from using their name on their products sold in the US. As a result, Philips instead used the name Norelco, an acronym for "North American Philips ...
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Philishave
Philishave is the brand name for electric shavers, their spare parts and accessories manufactured by the Philips Domestic Appliances and Personal Care unit of Philips (in the U.S., the Norelco name is used instead). In recent years, Philips had extended the Philishave brand to include hair clippers, beard trimmers and beard shapers. Philips used the Philishave brand name for their shavers from 1939 to 2006. Philips currently has two production centres for shavers: Drachten and Zhuhai, China. The Philishave shaver was invented by Philips engineer Alexandre Horowitz, who used rotating cutters instead of the reciprocating cutters that had been used in previous electric shavers. The shaver was introduced in 1939, though initial production was limited due to the outbreak of World War II (the production facility in Eindhoven, the Netherlands, was overrun by the German Army in 1940). After the war, a slightly improved version of the cigar-shaped single-head shaver was introduced. A ...
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Consumer Electronics
Consumer electronics or home electronics are electronic (analog or digital) equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for entertainment, communications and recreation. Usually referred to as black goods due to many products being housed in black or dark casings. This term is used to distinguish them from "white goods" which are meant for housekeeping tasks, such as washing machines and refrigerators, although nowadays, these would be considered black goods, some of these being connected to the Internet. In British English, they are often called brown goods by producers and sellers. In the 2010s, this distinction is absent in large big box consumer electronics stores, which sell entertainment, communication and home office devices, light fixtures and appliances, including the bathroom type. Radio broadcasting in the early 20th century brought the first major consumer product, the broadcast receiver. Later produc ...
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Osram Sylvania
Osram Sylvania Inc. is the North American operation of lighting manufacturer Osram. It was established in January 1993, with the acquisition of GTE’s Sylvania lighting division by Osram GmbH. In 2016, Osram spun off their general lighting business to Ledvance which received a license to sell lighting products under the Osram and Sylvania names. The company produces lighting products for industrial, entertainment, medical, and smart building and city applications, as well as products for the automotive aftermarket and original equipment manufacturer markets. Osram Sylvania completed a move of their regional headquarters from Danvers, Massachusetts, to Wilmington, Massachusetts Wilmington is a town in Middlesex County, Massachusetts, United States. Its population was 23,349 at the 2020 United States census. History Wilmington was first settled in 1665 and was officially incorporated in 1730, from parts of Woburn, Readi ..., on 12 October 2015. Company profile Osram Sylv ...
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Magnavox
Magnavox (Latin for "great voice", stylized as MAGNAVOX) is an American electronics company that since 1974 has been a subsidiary of the Dutch electronics corporation Philips. The predecessor to Magnavox was founded in 1911 by Edwin Pridham and Peter L. Jensen, co-inventors of the moving-coil loudspeaker at their lab in Napa, California, under United States Patent number 1,105,924 for telephone receivers.Kornum, Rene.The loudspeaker is 100 years old ''Ingeniøren'', 4 November 2015 Six decades later, Magnavox produced the Magnavox Odyssey, Odyssey, the world's first home video game console. Magnavox is the brand name worn by a line of products now made by Funai under license from trademark owner Philips. However, on 29 January 2013, it was announced that Philips had agreed to sell its audio and video operations to the Japan-based Funai, Funai Electric for €150 million, with the audio business planned to transfer to Funai in the latter half of 2013, and the video business in 2 ...
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