Philips is the leading provider of lighting solutions and applications both for professional and consumer markets, dedicated to simply enhancing life with light.With LED technology gaining ground and transforming the lighting industry, Philips sees new opportunities to create innovative lighting solutions and value in all market segments. As society focuses more on the need to combat climate change and sustainability in general, energy efficient lighting solutions are increasingly in demand, and often enforced by legislation. Other trends such as urbanization and globalization, strong economic development and growth in emerging markets as well as consumer empowerment also positively contribute to the growth of the global lighting market. Philips combines technology leadership, design and application knowledge and deep customer insights to create innovative lighting solutions that improve people’s lives.
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity.” Headquartered in the Netherlands, Philips employs approximately 122,000 employees with sales and services in more than 100 countries worldwide. With sales of EUR 22.6 billion in 2011, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in male shaving and grooming, portable entertainment and oral healthcare.