If Philips had done nothing but held on to its shares in ASML, TSMC, and NXP, it would still be one of the biggest companies in the world with a market cap of around USD500B!!! The real interesting question is why the Board chose to divest its crown jewels. Why didn't the Board see the value of the businesses they govern?
Philips’ decisions to divest from ASML, TSMC, and NXP were probably driven by a strategic focus on healthcare, the need to unlock shareholder value, and a perceived lack of synergy between these semiconductor businesses and Philips’ core operations. While these businesses have become extremely valuable, I believe the board’s decisions were based on the information and priorities at that time, with a focus on simplifying and strengthening Philips’ core business areas.
In hindsight it is always easy to say these things. ASML only quite recently had the breakthrough that made them the monopolist. If the breakthrough would not have happened, it would not have been worth what it is now. It might even no longer have existed. It is a gamble that Philips did not want to take, and they gambled wrong.
@@BenvanBroekhuijsen The Board was supposed to create shareholder value, but they destoyed it on a massive scale instead. Not only did ASML, TSMC and NXP thrive after the divestures, they went on to become the best companies in the segments that they serve. We will never know why the Board came to the conclusion to drop Semiconductors for Medical, however, we do know how poorly the Philips shares have performed. Perhaps these companies would not be so wildly successful had they remained in Philips. It is again one of those things that we will never know
The documentary does an exceptional job of illustrating Philips' incredible reinvention. The blend of historical milestones and current advancements highlights the ultimate resilience and innovation of the company
Philips actually was more "greedy" than mentioned in this documentation ... It did not mention Philips-TRT division (provides microwave terrestrial telecommunication system) ... It did not mention Philips Dedicated Access Network (produces networking devices like router .. LAN hub .. X25 switches ..etc) ...
I remember a story about Phillips when it was failing. The writer pointed out Phillips was no longer manufacturing their own products. He said when a company does not produce their own products; after a while they forget how to be a manufacturer. My last shaver was a Phillips product. I liked it, but their replacement blades were poor quality, and my shaves were unacceptable. I bought a new shaver made by a competitor.
My great grandfather, grandfather, father and I all used Philips products bulb, radio, tv, CD player, electric iron. I don't want to see this noble brand die. The biggest blunder they did is selling their stake in ASML. Philips invented audio cassette player, developed CD tech jointly with Sony. Rise Philips rise👍
Selling ASML was brilliant because without it ASML could never have grown the way it did. I do agree that it is sad to see the "brand" die, which is mostly about consumer electronics products like those you mentioned. Nobody cares about the brand tag on lithography machines from Veldhoven, as most people don't have one at home 🙂
I don't know whether to call it a great story of ''company reinvention thru finding a new market'' or a great story of ''public service thru a clever business model''. It could be called either, which is why I think, students of both Marketing & Politics would find it fascinating. I did and am grateful to makers of this documentary for educating me.
Being an ex employee , it was the Korean companies like LG and Samsung took the wind out of Philips sails . Korean companies retailing strategy was to position in multi brand stores where as Philips was stuck with their exclusive stores , cash and carry was another nail in the coffin where as Koreans were selling on credit. They were iver focussed on low value appliances whereas competitors were encashing on big ticket products like Televisions ..the fall was predictable ..its a classic case of great products failing over smart marketing by new age competitors ..
Don't blame Philips made money what East India Company left Europeans never innovated they simply fechted royalty by making things critical for their competitors through various norms
So sad to hear this. Am from Chennai city in India. Our family is big fan of Philips products. We have Philips TV, Music system, 2 in 1, Trimmer, Tea maker & etc ...
Worked in their telecoms division 40 years ago. Biz Class flights to locations in Holland, UK and USA. They had a fleet of Falcon jets with tail numbers PH-ILA to PH-ILZ which I flew all over Saudi Arabia in. #goodolddays
The correct version of the story was Philips casted off ASML business. Philips wasn't alone. In a role reversal, Taiwan govt was so unsure ilabout investing in that funny TSMC business, it invited Philips to join and share the burden/investment. In fact, Taiwan sold its shares of TSMC quickly, before Philips did.
Philips introduced the slogan 'Let's make things better' in 1995, with the commercial airing well before 2001. The Twin Towers symbolized economic power, global trade, and American resilience, while airplanes in the 90s represented globalization, technological advancement, and the growing interconnectedness of the world. These symbols embodied the ease of international travel, business, and the expansion of global commerce. These iconic images were likely featured in the Philips commercial to reinforce the brand's alignment with progress and innovation on a global scale.
I just had to decide which of the two accents were the most disturbing: Asian people or Dutch people pronouncing English. In the end, 83 % of me voted for my "dear beloved" neighbouring country, the Netherlands to get the chocolate + mint After Eight teaspoon. Growing up not very far from the Philips factory in Hasselt, where the music cassette for tape recorders was invented. My brother, who studied for Industrial Engineer in the same town tested some equipment for the factory while still studying. It was great fun to go along with him in the early mornings to record chickens, roosters, turkeys, ducks etc. in Bokrijk. My task was to "upset" the birds somewhat, so that they would make a hell of a noise. We also recorded trains, with the microphone being on the railroadtracks etc. All that was really fun, fond memories. RIP Alain.
The apnea disaster will lead to bankruptcy. Philips is a good example of what happens when you replace engineers with MBA's and bean counters. Philips faces an order intake squeeze, and orders have fallen for a successive six quarters. For the first quarter of 2024, they were down -3.8%, the seventh consecutive quarter of decline. Chief executive Roy Jakobs says China is to blame. There are 4 Measures Indicate That Koninklijke Philips (AMS:PHIA) Is Using Debt Extensively
Superficial nonsense. A promo film by the fans of Frans van Houten. The CEO who was forced to resign because of his incompetence over the slaapapneu-desaster. The post war problem of Philips was top management behaviour and culture. It was a incestuous organisation where the sons and daughters of directors were given priority. Van Houten was a typical example, being the son of a previous board of management director. Before Cor Boonstra nothing Philips did was right. After Boonstra and further with van Houten ( but don’t mention Gerard Kleisterlee ) everything became wonderful A compelling comparison between Philips Cor Boonstra the coffee bean sales man who destroyed Philips along with van Houten another salesman and Jung Jun an engineer who at the same time as Samsung Electronics CEO built his company into the worlds leading electronics company.
sirse qwick Who are you ? The board followed the path Frits Philips made, concentrate the Chip market in Taiwan ! Frans van Houten just followed Boonstra, the board was always in power.
Interesting/informative/entertaining. I purchased a couple of their items perhaps (50) years ago-???🤔 Perhaps (VCR's)-???🤔. Interesting viewing 👀 those ( 1920's 1930's ) black & white Kodak pictures.
In my opinion Philips has learned of current market which changed 20 years ago and they have adapted. It’s an example to reinvent us. Never it’s late therefore the winner is who adapts rapidly!!!
Strange choice of a photo for the thumbnail - the most obvious thing is in is that chip with a Plessey logo on it - and Plessey had nothing at all to do with Phillips. Especially since Philips had a very distinctive logo of their own.
I don't know how old this documentary is, but I miss AI in this vision. AI will be a huge factor in monitoring health of people. Even though AI is overhyped at the moment, it will make a huge impact on healthcare. Computers will be much more efficient at comparing information and detecting trends. Let's hope they are not missing the boat again.
Very valued informations indeed........hope Philips will rise further under the good care of Experts in the various fields........I have a strong feelings that Philips could do very well in the Medical fields as their strong hold just like Sony chapter where Sony didn't do well in the consumer electronic sector but they did well in their Gaming Industry - The Play Station which brought them out of the woods......
Fujifilm went through a similar process to survive taking advantage of their know how in chemicals to reinvent theirselves in a different kind of company.
I really enjoy videos like this now, however, I’ve learned over time that many of these have serious errors in the narrative. Once I detect one serious enough to be one a sin for not fact-checking, I can’t trust the test of the video. At 3:05 you can hear: ““it may have been an American, Thomas Edison, who first invented the light bulb in 1879…” That is incorrect. Edison (as well as Joseph Swan) developed upon pre-existing work that dates back to the turn of the 19th Century. The light bulb could be called a cumulative effort, with several key names involved in drafting the process before Swan and Edison created the practical bulbs that paved the way to what we have today.
and then they took a shortcut and triggered a recall of every CPAP machine in use across the globe. And, they may or may not ever sell another machine. Shortcuts....
If you want to be in control of your company, then you have to have not so big stockholders that will not just join the profits but also losses to, and get younger minds into innovation even from high-school.
Europeans need to buy European. Governments should make sure we all can buy European. I'd pick an European brand over Chinese since it has the safety and durability to back it up, yet European products don't reach Albania. Chinese and Korean only. Even those that make it were bought by Chinese like Beko, Candy or Ariston. Miele makes it here but its prices are over the roof, favoring the chinese. Can't afford to buy an oven that costs a year of my salary. European brands should make sure to reach everyone.
@@rollinglamayou took all india survey?been using philips product since 1990.they are good. Recent purchase ia soundbar. Eventhough they have less advertisements product is great
Für mich easy Einwandfrei zur Erklärungsbedürftigen.............................! Woher haben Sie als Wissenschaftler Leben mit Forschung und Entwicklung ..........! Ausgleichen meine Einkommen zum Leben sofort bitteschön
Did they keep the consumer audio/video part or license/sell that segment? They were leaders in the field with radio, the inventions of the Compact Cassette (a game changer), optical disc storage (co-developer of the CD), and generally quality audio and video products. I'd love to see their nameplate on new tech in those areas again.
The medical monitoring looks a bit homespun to me. My smart watch and weighing scales automatically monitor data relating to my weight, body composition, exercise levels, heart rate, and a host of other functions. They link to a single app on my phone and give me a snapshot and trends. AI can go further with interpreting these. Philips is behind the curve I feel.
If Philips were that forward thinking, they would have kept ASML. However, they didn't. Every top manager responsible for that must start the day by throwing ashes over their bodies, every day, until their last. Having said that, I had some Philips loudspeakers in the seventies, and no-one has ever surpassed those. The Philips loudspeakers were never very popular, but to my ear, they were the hi9dden gem.
I have Philips the 34" CRT TV for a long time. It is made in China but the picture color was Great! Better than Sony and Panasonic that are Flat Screen but somehow Japanese colour are not real and natural especial the skin tone.
It's seem's that Philips & Nokia have something in common??? They both didn't embrace new technology?? Ah well maybe they thought they were to good for that😂😂😂😂😂😂
No. Philips embraced innovation and science. Philips is one of earliest funder of ASML and a constant supporter of ASML. Of course, now ASML can stand on its own and even support its parent; Philips.
Please watch the video again. Nokia only focused in telecommunications but couldn't adapt to the change. Philips overstretched their business portfolio and couldn't focus on what they were good at. They also had management issues.
Sell off everything whilst there's still global brand value and sizable international market share for Philips products. Then, enter the burgeoning global aviation market and military sphere in the electronics segment like what Jack Welch did with GE Consumer and entered the civilian aviation engine market.
Wie vieles kleiner Bibliothek in Basel Öffentlich zugänglich für Kinders Jugendliche Erwachsenen Pensioniert auch....? Risikofaktoren & Bemühungen Aufwands tragen beim Alarm geschlagen sondern richtig der Weltmarktführer bringen.... Fühlen Sie sich Wohl auf der besser Künstwerk an braves Kinders Balances richtig erklären können haben
Was werden Sie sich Literarisch um der Bemühungen Väter Mütter Gesundheitlich Bemühungen gegeben haben ? Vielen Dank allen Buchhandlungen nach Digitalen Biografie der Digitalen Unternehmen der Produkte Unterstützen Weltmarktführer bringen ohne jemanden oder Tiere zerstört worden..........................!
Haha, I was thinking that they should've gone for the Japanese route, instead of closing down division, they should spun off different companies that handle their own business. Well, it turns out they eventually did that. A bit late though.
Was never impressed with Philips. A product for every occasion. Not spealists in anything. Now it seems they want to be healthcare providers 😢 That is not their business unless they set it up as such.
I am not impressed by your comment nor by the video that leaves out the more important feats only to mention the minor ones.. like them talking about how Philips supposedly made a superior light bulb by using a cotton thread.. come on, that and Edison's bamboo were only the very first attempts.. the search of course was on to find a conductor that would last and that would show the unusual, contradictory characteristic of glowing white hot - so that it would produce a bright type of light - whilst it would at the same time NOT melt or even deform. That quality was found in the metal Tungsten (Wolfram in Dutch), but there was a problem, be cause Tungsten was so hard to melt (this requires temperatures that are impossible to reach), and it was Philips that found the solution that made it possible to produce threads (wires) of it anyway. They also invented almost every type and format of new audio and video medium from the late fifties until early nineties and were (and are) world class in for instance equipment for the medical field.
NXP the new name of Phillips semiconductors is also doing good…. Phillips transferred LC display technology to LG; this point is missing in the video. Phillips : wow ….
If Philips had done nothing but held on to its shares in ASML, TSMC, and NXP, it would still be one of the biggest companies in the world with a market cap of around USD500B!!! The real interesting question is why the Board chose to divest its crown jewels. Why didn't the Board see the value of the businesses they govern?
Philips’ decisions to divest from ASML, TSMC, and NXP were probably driven by a strategic focus on healthcare, the need to unlock shareholder value, and a perceived lack of synergy between these semiconductor businesses and Philips’ core operations. While these businesses have become extremely valuable, I believe the board’s decisions were based on the information and priorities at that time, with a focus on simplifying and strengthening Philips’ core business areas.
@@Koenzo76 The Board was probably afraid of overseeing businesses beyond their depth
In hindsight it is always easy to say these things. ASML only quite recently had the breakthrough that made them the monopolist. If the breakthrough would not have happened, it would not have been worth what it is now. It might even no longer have existed. It is a gamble that Philips did not want to take, and they gambled wrong.
@@BenvanBroekhuijsen The Board was supposed to create shareholder value, but they destoyed it on a massive scale instead. Not only did ASML, TSMC and NXP thrive after the divestures, they went on to become the best companies in the segments that they serve. We will never know why the Board came to the conclusion to drop Semiconductors for Medical, however, we do know how poorly the Philips shares have performed. Perhaps these companies would not be so wildly successful had they remained in Philips. It is again one of those things that we will never know
High level corruptions of course
My grandfather had Phillips radio...and it still runs fine.
Even after 50 years...😂😂😂no repairs...
The documentary does an exceptional job of illustrating Philips' incredible reinvention. The blend of historical milestones and current advancements highlights the ultimate resilience and innovation of the company
Philips actually was more "greedy" than mentioned in this documentation ... It did not mention Philips-TRT division (provides microwave terrestrial telecommunication system) ... It did not mention Philips Dedicated Access Network (produces networking devices like router .. LAN hub .. X25 switches ..etc) ...
The industrial giants with the background of innovative R&D, and with a couple of firsts, just cannot simply die.
Oh it can. Incompetent leadership does wonders. Look the UK, from the top 1 country of the world to a clown Pakistani fiesta
I remember a story about Phillips when it was failing. The writer pointed out Phillips was no longer manufacturing their own products. He said when a company does not produce their own products; after a while they forget how to be a manufacturer. My last shaver was a Phillips product. I liked it, but their replacement blades were poor quality, and my shaves were unacceptable. I bought a new shaver made by a competitor.
My shaver lasted 17 years with its original unreplaced parts. Viva philips. Donno what ur talking about but thanks God it didn't go bankrupt
My great grandfather, grandfather, father and I all used Philips products bulb, radio, tv, CD player, electric iron. I don't want to see this noble brand die. The biggest blunder they did is selling their stake in ASML. Philips invented audio cassette player, developed CD tech jointly with Sony. Rise Philips rise👍
Selling ASML was brilliant because without it ASML could never have grown the way it did. I do agree that it is sad to see the "brand" die, which is mostly about consumer electronics products like those you mentioned. Nobody cares about the brand tag on lithography machines from Veldhoven, as most people don't have one at home 🙂
@@ronald3836 It is a baseless statement...
Congratulations. Wish all the best. Philips. We still preserve some of Philips products.
🎬❤️
I don't know whether to call it a great story of ''company reinvention thru finding a new market'' or a great story of ''public service thru a clever business model''. It could be called either, which is why I think, students of both Marketing & Politics would find it fascinating. I did and am grateful to makers of this documentary for educating me.
Being an ex employee , it was the Korean companies like LG and Samsung took the wind out of Philips sails . Korean companies retailing strategy was to position in multi brand stores where as Philips was stuck with their exclusive stores , cash and carry was another nail in the coffin where as Koreans were selling on credit. They were iver focussed on low value appliances whereas competitors were encashing on big ticket products like Televisions ..the fall was predictable ..its a classic case of great products failing over smart marketing by new age competitors ..
Don't blame
Philips made money what East India Company left
Europeans never innovated they simply fechted royalty by making things critical for their competitors through various norms
But hello, LG WAS Phillips' cheap brand for many years. Then they decided to sell it off in the 1st decade of this millennium..
Philips has great products here (Brazil).
So sad to hear this. Am from Chennai city in India. Our family is big fan of Philips products. We have Philips TV, Music system, 2 in 1, Trimmer, Tea maker & etc ...
Worked in their telecoms division 40 years ago. Biz Class flights to locations in Holland, UK and USA. They had a fleet of Falcon jets with tail numbers PH-ILA to PH-ILZ which I flew all over Saudi Arabia in. #goodolddays
Did you work in Hilversum and Huizen?
@@ronald3836 Saudi Arabia TEP4 👍
ASML comes from Philips... 🔥💿💻🧠
So does TSMC.
@@krisztiankalman5805incorrect, Philips was an early investor in tomcat.
TSMC too
The correct version of the story was Philips casted off ASML business.
Philips wasn't alone. In a role reversal,
Taiwan govt was so unsure ilabout investing in that funny TSMC business, it invited Philips to join and share the burden/investment. In fact, Taiwan sold its shares of TSMC quickly, before Philips did.
What was that Comercial at 13:47 with the plane flying towards the twin towers??? 😯
Philips introduced the slogan 'Let's make things better' in 1995, with the commercial airing well before 2001. The Twin Towers symbolized economic power, global trade, and American resilience, while airplanes in the 90s represented globalization, technological advancement, and the growing interconnectedness of the world. These symbols embodied the ease of international travel, business, and the expansion of global commerce. These iconic images were likely featured in the Philips commercial to reinforce the brand's alignment with progress and innovation on a global scale.
The documentary tried to put in contents that are unnecessary. 10 minutes in and the story has yet to start.
Every Estern European loved 😍 PHILIPS.
Being Dutch, I love to read that!
Phillips raise after bankruptcy, it's amazing!
Philips never ever was BK
@@exeuropean I also wonder who came up with the video's title.
Back 🔙 in business! 🎉
Great ! Phillips alive again and growing….
I worked at the natlab, the Philips equivalent of Bell labs. Even in the 80's they were suffering.
I just had to decide which of the two accents were the most disturbing: Asian people or Dutch people pronouncing English. In the end, 83 % of me voted for my "dear beloved" neighbouring country, the Netherlands to get the chocolate + mint After Eight teaspoon. Growing up not very far from the Philips factory in Hasselt, where the music cassette for tape recorders was invented. My brother, who studied for Industrial Engineer in the same town tested some equipment for the factory while still studying. It was great fun to go along with him in the early mornings to record chickens, roosters, turkeys, ducks etc. in Bokrijk. My task was to "upset" the birds somewhat, so that they would make a hell of a noise. We also recorded trains, with the microphone being on the railroadtracks etc. All that was really fun, fond memories. RIP Alain.
The apnea disaster will lead to bankruptcy. Philips is a good example of what happens when you replace engineers with MBA's and bean counters.
Philips faces an order intake squeeze, and orders have fallen for a successive six quarters. For the first quarter of 2024, they were down -3.8%, the seventh consecutive quarter of decline. Chief executive Roy Jakobs says China is to blame.
There are 4 Measures Indicate That Koninklijke Philips (AMS:PHIA) Is Using Debt Extensively
Philips always in my heart. No scandal or anything, just pure heart for humanity from simple light bulb simce 133 years ago
It is not a documentary but a long advertisement.
No mention of ASML?
Superficial nonsense. A promo film by the fans of Frans van Houten.
The CEO who was forced to resign because of his incompetence over the slaapapneu-desaster.
The post war problem of Philips was top management behaviour and culture.
It was a incestuous organisation where the sons and daughters of directors were given priority. Van Houten was a typical example, being the son of a previous board of management director.
Before Cor Boonstra nothing Philips did was right. After Boonstra and further with van Houten ( but don’t mention Gerard Kleisterlee ) everything became wonderful
A compelling comparison between Philips Cor Boonstra the coffee bean sales man who destroyed Philips along with van Houten another salesman and Jung Jun an engineer who at the same time as Samsung Electronics CEO built his company into the worlds leading electronics company.
sirse qwick
Who are you ?
The board followed the path Frits Philips made, concentrate the Chip market in Taiwan !
Frans van Houten just followed Boonstra, the board was always in power.
Excellent
Actually it never re-emerged to glory days.
What i missed, Philips als had some influence (and ownership) in ASML.
Not just "some".
They should make computers 💻 for data centers in Europe
Great video
Interesting/informative/entertaining. I purchased a couple of their items perhaps (50) years ago-???🤔 Perhaps (VCR's)-???🤔. Interesting viewing 👀 those ( 1920's 1930's ) black & white Kodak pictures.
Have been using Philips pressure cooker, coffee maker and hot boiling jug for years. Very good European brand.
In which industries do Philips, Hitachi, ABB, Fujitsu, and Samsung differentiate today - e.g. chip, new materials etc ...?
In my opinion Philips has learned of current market which changed 20 years ago and they have adapted. It’s an example to reinvent us. Never it’s late therefore the winner is who adapts rapidly!!!
would love see how is Nokia doing
Strange choice of a photo for the thumbnail - the most obvious thing is in is that chip with a Plessey logo on it - and Plessey had nothing at all to do with Phillips. Especially since Philips had a very distinctive logo of their own.
Philips was Samsung of its day
I don't know how old this documentary is, but I miss AI in this vision. AI will be a huge factor in monitoring health of people. Even though AI is overhyped at the moment, it will make a huge impact on healthcare. Computers will be much more efficient at comparing information and detecting trends.
Let's hope they are not missing the boat again.
At 1:50, Bangladeshi TV ad of Phillips light bulb from 90s ...... I still remember the Phillips black and white Television
Very valued informations indeed........hope Philips will rise further under the good care of Experts in the various fields........I have a strong feelings that Philips could do very well in the Medical fields as their strong hold just like Sony chapter where Sony didn't do well in the consumer electronic sector but they did well in their Gaming Industry - The Play Station which brought them out of the woods......
Their personal care products are excellent. Electronics were not cutting edge but high quality.
This is real. Time, if you are old and suffering from the pains she mentioned.
Perfection a Radio 📻 that picks up every major Station in the World like in the old days - every body are starve for news INSTANTAINISLY.
If you make your products durable, we will know it and we will continue buying your products. Make your products durable.
Not too durable or you will never have to replace it 🙂
Fujifilm went through a similar process to survive taking advantage of their know how in chemicals to reinvent theirselves in a different kind of company.
I really enjoy videos like this now, however, I’ve learned over time that many of these have serious errors in the narrative. Once I detect one serious enough to be one a sin for not fact-checking, I can’t trust the test of the video. At 3:05 you can hear: ““it may have been an American, Thomas Edison, who first invented the light bulb in 1879…”
That is incorrect. Edison (as well as Joseph Swan) developed upon pre-existing work that dates back to the turn of the 19th Century.
The light bulb could be called a cumulative effort, with several key names involved in drafting the process before Swan and Edison created the practical bulbs that paved the way to what we have today.
and then they took a shortcut and triggered a recall of every CPAP machine in use across the globe. And, they may or may not ever sell another machine. Shortcuts....
Philips products always have minimum guarantee . Indians loved this brand. But now, they are not very active, eventhough products are available.
If you want to be in control of your company, then you have to have not so big stockholders that will not just join the profits but also losses to, and get younger minds into innovation even from high-school.
the only reason of Philips going down is started with biz in China
Philips design in terms of hifi (bragging rights if you wish) were imho the beginning of the end. Setting cards on DCC didn't help either.
Europeans need to buy European. Governments should make sure we all can buy European. I'd pick an European brand over Chinese since it has the safety and durability to back it up, yet European products don't reach Albania. Chinese and Korean only. Even those that make it were bought by Chinese like Beko, Candy or Ariston. Miele makes it here but its prices are over the roof, favoring the chinese. Can't afford to buy an oven that costs a year of my salary. European brands should make sure to reach everyone.
It is the leadership of this CEO , I’m sure PHILLIPS will reach its lost glory and light
PHILIPS WAS ALWAYS A GOOD COMPANY AT HOME AND NEIGHBOR TOO
Humanoid robots and AI is the only way to assist ageing population! This should be a realistic goal and a meaningful market for Philips!
Philips today is the market leader in India in illumination and medical systems…they have a small presence in electronics today
😂😂 nobody buys their products. There are many better and cheaper options available. They might be doing good in other countries but not in India.
@@rollinglamayou took all india survey?been using philips product since 1990.they are good. Recent purchase ia soundbar. Eventhough they have less advertisements product is great
I think Philips consumer electronics nowadays is mostly other companies that pay for being allowed to use the Philips brand.
needed a wake up call so they got the right ppl 2 do that and never look back
It is not about embracing market changes. It is about cheap Chinese products.
Für mich easy Einwandfrei zur Erklärungsbedürftigen.............................! Woher haben Sie als Wissenschaftler Leben mit Forschung und Entwicklung ..........! Ausgleichen meine Einkommen zum Leben sofort bitteschön
Did they keep the consumer audio/video part or license/sell that segment? They were leaders in the field with radio, the inventions of the Compact Cassette (a game changer), optical disc storage (co-developer of the CD), and generally quality audio and video products. I'd love to see their nameplate on new tech in those areas again.
The medical monitoring looks a bit homespun to me. My smart watch and weighing scales automatically monitor data relating to my weight, body composition, exercise levels, heart rate, and a host of other functions. They link to a single app on my phone and give me a snapshot and trends. AI can go further with interpreting these. Philips is behind the curve I feel.
❤❤its great 🎉
If water , plastic , crystal , diamond , gold , sand link all things physical on earth then the smartphone is all we need as essential
Philips means quality & standard
Thumb down. The date of when this documentary was made should be in the title. And by the way, it's definitely not 2010 - more like 2016
If Philips were that forward thinking, they would have kept ASML. However, they didn't. Every top manager responsible for that must start the day by throwing ashes over their bodies, every day, until their last. Having said that, I had some Philips loudspeakers in the seventies, and no-one has ever surpassed those. The Philips loudspeakers were never very popular, but to my ear, they were the hi9dden gem.
Actually I think it was probably good decision. They are much better off not being under Phillips with that huge corporate bureaucracy.
19:05 Here was the Kodak’s moment.
What I was little my parents had a Phillips tv
This film is from 2010.
It’s fine.
Philips got replaced by Asian companies such LG, Samsung and Haier.
I have Philips the 34" CRT TV for a long time. It is made in China but the picture color was Great! Better than Sony and Panasonic that are Flat Screen but somehow Japanese colour are not real and natural especial the skin tone.
Sean Carney left Philips at the end of 2022.
It's seem's that Philips & Nokia have something in common??? They both didn't embrace new technology?? Ah well maybe they thought they were to good for that😂😂😂😂😂😂
and Kodak too from film to digital.
No. Philips embraced innovation and science. Philips is one of earliest funder of ASML and a constant supporter of ASML. Of course, now ASML can stand on its own and even support its parent; Philips.
Please watch the video again. Nokia only focused in telecommunications but couldn't adapt to the change. Philips overstretched their business portfolio and couldn't focus on what they were good at. They also had management issues.
Nokia started out as a pulp mill. I think they did embrace some new technology.
@@ronald3836 but Nokia stuttered at the very crucial moment in history.
Asians say name brand. North Americans say entry level boxstore brand for electronics.
ผมเกิด1969ยังใช้ของฟิลิปส์อยู่ทีวี เครื่องเสียง
Philips=Quality
Also I have Phillips lightbulbs in my house
Philips had countless CPAP machines recalled, and I am still waiting for my reimbursement many years later...as are many US military Veterans....
Heutzutage gibt es alles Hight-Tech verantwortlich geben
Sell off everything whilst there's still global brand value and sizable international market share for Philips products. Then, enter the burgeoning global aviation market and military sphere in the electronics segment like what Jack Welch did with GE Consumer and entered the civilian aviation engine market.
Healthcare.. Business as usuall
Schaut euch es zu....................
Wie vieles kleiner Bibliothek in Basel Öffentlich zugänglich für Kinders Jugendliche Erwachsenen Pensioniert auch....?
Risikofaktoren & Bemühungen Aufwands tragen beim Alarm geschlagen sondern richtig der Weltmarktführer bringen....
Fühlen Sie sich Wohl auf der besser Künstwerk an braves Kinders Balances richtig erklären können haben
Rise and fall and rise again
Was werden Sie sich Literarisch um der Bemühungen Väter Mütter Gesundheitlich Bemühungen gegeben haben ?
Vielen Dank allen Buchhandlungen nach Digitalen Biografie der Digitalen Unternehmen der Produkte Unterstützen Weltmarktführer bringen ohne jemanden oder Tiere zerstört worden..........................!
Philips' Rise...
Gratulation Glückliche Gewinner Bemühungen gegeben haben
Pity they would not fix their flawed ( overpriced) sonic care toothbrushes
Rampant outsourcing could've made them bankrupt. Now???
7:31 Did she just unalive her husband with a faulty lightbulb and a bowl of soup?
Show mit Super Talent Senden zum Millionär denken...............................?
develop everything and..... bankruptcy ...is time to put your sh... together
Haha, I was thinking that they should've gone for the Japanese route, instead of closing down division, they should spun off different companies that handle their own business. Well, it turns out they eventually did that. A bit late though.
All because china ...no one can run from alluring of cheap price temptation...incl industry...
Even as far as Indonesia... for reasons not to be mentioned here.
Was never impressed with Philips. A product for every occasion. Not spealists in anything.
Now it seems they want to be healthcare providers 😢
That is not their business unless they set it up as such.
Sometimes, something that works well is all you really need.
I am not impressed by your comment nor by the video that leaves out the more important feats only to mention the minor ones.. like them talking about how Philips supposedly made a superior light bulb by using a cotton thread.. come on, that and Edison's bamboo were only the very first attempts.. the search of course was on to find a conductor that would last and that would show the unusual, contradictory characteristic of glowing white hot - so that it would produce a bright type of light - whilst it would at the same time NOT melt or even deform. That quality was found in the metal Tungsten (Wolfram in Dutch), but there was a problem, be cause Tungsten was so hard to melt (this requires temperatures that are impossible to reach), and it was Philips that found the solution that made it possible to produce threads (wires) of it anyway. They also invented almost every type and format of new audio and video medium from the late fifties until early nineties and were (and are) world class in for instance equipment for the medical field.
@@tomhermens7698 There were too many different products to be manageable. The company was an accountant operation that made lamps, etc as a sideline.
They should have Android smartphones.
NXP the new name of Phillips semiconductors is also doing good….
Phillips transferred LC display technology to LG; this point is missing in the video.
Phillips : wow ….
somethimes proud to be dutch
Chinese electronic companies will be a big threat