Philips (China) Investment Co., Ltd

Philips Philips

Philips is one of the global leaders in healthcare, quality of life and lighting. Philips integrates technology and design into people-oriented solutions based on its understanding of customer needs and its brand commitment of "being good at heart and simple in form".

Philips Electronics is one of the largest electronics companies in the world. Over the past 100 years, it has been making innovations, contributing many inventions to the world, such as recording cassette, CD, rewritable DVD and 100 Hz color TV. It is a world leader in color TV, lighting, electric razor, medical diagnostic imaging and patient monitor, as well as single-chip TV products.

Philips produces 2.4 billion energy-saving light sources every year. Every year, about 2.5 million cardiac procedures (including scanning and interference procedures) using X-ray equipment in the world use our technology. One of every seven TV sets in the world uses Philips color display devices, and 60% of the phones in the world contain Philips products. 30% of the world's offices use Philips Lighting products. Philips also provides lighting for 65% of the world's major airports, 55% of football fields and 30% of hospitals.

Philips is famous for producing household appliances, military and civil communication equipment, medical equipment, computers, instruments and display systems. It is also one of the largest arms companies in Western Europe. From Sputnik and Apollo to the latest space shuttle, it has Philips products. U.S. warships also use Philips radar.

Historically, Philips has made significant contributions to the development of the world's home appliance industry. More than 50 years ago, Philips invented the electric razor. In the early 1960s, it invented the cassette tape recorder. Philips cassette tape standard became the world standard. Later, it invented the video recorder. In the early 1980s, it developed the CD player together with Sony Company of Japan, and then jointly launched the DVD and Blu ray DVD.

Philips has also launched two new products, digital cassette and laser audio-visual disc. The company also plans to promote ultra wide screen and high-definition color TV systems in Europe. Philips has been in a leading position in these fields, and its products have become a household name brand.

innovate

The company has 60000 registered patents, which fully reflects the innovative nature of the company. Philips currently has about 29000 registered trademarks, 43000 design patents and 2000 domain names.

Philips implements the strategy of "open innovation", fully combines the innovation power of partners and researchers, and promotes more innovative products to the market faster and more effectively. In 2007, Philips invested 1.6 billion euros in R & D.

Philips entered the Chinese market as early as 1920. The first joint venture was established in 1985. Philips has become one of the largest investment partners in China's electronics industry, with a total investment of more than 3.4 billion US dollars. It has established 35 joint ventures and wholly-owned enterprises in China, with more than 60 offices and more than 19000 employees in China.