TP Vision (TP standing for TPV Philips) is a wholly owned
subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...
of
TPV Technology, based in
Amsterdam
Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Re ...
, 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
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
and 30% by Royal Philips Electronics. Philips also receives royalties from TP Vision.
In January 2014 Philips transferred the remaining 30% equity interest.
Privacy
Netherlands
In 2012, Philips and TP Vision made statements about their monitoring the use of Philips branded smart TVs in the Netherlands, such as "60% of our active users switch on their television more than 50 times a month".
The
Dutch Data Protection Authority (
nl) started an investigation into TP Visions collection and handling of usage data in 2012, and in 2013 reported these are not conforming to law in the Netherlands. Through the use of cookies and logfiles, TP Vision was found to be able to monitor when a Philips smart TV is switched on, which programmes are being watched, which websites are being visited and which
apps are being used, without clearly informing their customers and asking their prior permission.
In response, TP Vision stated it would change its practices to conform to the law.
Notes and references
External links
*
{{Philips
Philips
Electronics companies established in 2012
Manufacturing companies established in 2012
Dutch companies established in 2012