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Brand origin
Netherlands
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Several countries, incl. China

Philips is a Dutch health technology brand with roots in lighting, consumer electronics, and personal health products. The Philips brand is ultimately owned by Koninklijke Philips N.V., headquartered in Amsterdam, the Netherlands.

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Updated: 13 October 2026 ยท
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About Philips

What is Philips?

Philips is a Dutch health technology brand owned by Koninklijke Philips N.V. The company develops products and services for diagnosis and treatment, connected care, and personal health. Its current portfolio includes medical imaging, ultrasound, image-guided therapy, patient monitoring, health informatics, electric toothbrushes, electric shavers, mother and child care products, and other personal health products. Philips is not the same business it was when it began. Philips was once a major consumer electronics manufacturer, but Koninklijke Philips N.V. has focused its corporate operations on health technology. Philips generated EUR 17.8 billion in group sales in 2025 and had 64,817 employees at the end of 2025. The company was present in 71 countries in 2025 and had its corporate headquarters in Amsterdam. The official Philips website is philips.com. Philips operates internationally, but the brand originated in the Netherlands and its registered address remains in Eindhoven.

Who owns Philips?

Philips is ultimately owned by Koninklijke Philips N.V., according to Made O'Meter's ownership data verified on September 24, 2026. Koninklijke Philips N.V. is a public limited liability company incorporated and domiciled in the Netherlands. Its corporate headquarters are in Amsterdam, and its registered address is in Eindhoven. Koninklijke Philips N.V. is also known as Royal Philips. The company is publicly listed under the symbols PHG on the New York Stock Exchange and PHIA on Euronext Amsterdam. Ownership of the public company is distributed among its shareholders rather than held by one parent corporation. Philips-branded activities are not all operated by the same corporate unit. Koninklijke Philips N.V. retains ownership of the Philips trademarks, while some businesses use licensing, partnerships, or separate corporate structures. TPV operates the Philips television business in most parts of the world under arrangements connected with TP Vision. Versuni markets Philips-branded domestic appliances and states that Philips is a registered trademark of Koninklijke Philips N.V. Philips lighting is not the same corporate business as Koninklijke Philips N.V. The lighting business was spun off in 2016 and later became Signify. Philips-branded lighting products therefore belong to a business separate from Royal Philips, although the Philips name remains a registered trademark of Koninklijke Philips N.V. in the relevant arrangements.

Where does Philips come from?

Philips originated in Eindhoven, the Netherlands, where Gerard Philips and his father, Frederik Philips, founded Philips & Co. on May 15, 1891. The company began operations in a small factory and manufactured incandescent lamps and other electrical products. Philips began producing electric lamps in 1892 with ten workers. Gerard Philips focused on the technical and manufacturing side of the business. Gerard's younger brother, Anton Philips, joined the company in 1895 and helped expand its commercial operations. Philips & Co. became a public company called N.V. Philips' Gloeilampenfabrieken in 1912. In 1920, N.V. Gemeenschappelijk Bezit van Aandeelen Philips Gloeilampenfabrieken was established as a holding company and assumed ownership of Philips. The company's early expansion included the acquisition of the German firm Valvo in 1927 and the British firm Mullard in 1932. Philips introduced electric razors in 1939. The company formed Philips Records in 1950 and introduced the audio compact cassette through Philips Records in 1963. Philips introduced the world's first video cassette recorder in 1971. Philips purchased television maker Magnavox in 1974 as part of its expansion in the American consumer electronics market. Philips acquired Philco in 1981 and later renamed Magnavox Consumer Electronics as North American Philips Consumer Electronics. Philips developed the Compact Disc in the 1980s in cooperation with Sony. The company changed its name to Philips Electronics N.V. in 1991. Philips moved its corporate headquarters from Eindhoven to Amsterdam beginning in 1998 after deciding on the move in 1997. Philips announced an agreement to acquire Respironics in 2007 for approximately EUR 3.6 billion, or USD 66 per share. Philips spun off its lighting business in 2016, and that business later became Signify. Philips sold its Domestic Appliances business to the Chinese investment firm Hillhouse Capital in 2021. The business was renamed Versuni in 2023.

What products does Philips make?

Philips makes health technology products, personal health products, and connected care solutions. Its health technology businesses include diagnostic imaging, ultrasound, image-guided therapy, patient monitoring, and enterprise informatics. Philips personal health products include Sonicare electric toothbrushes, Norelco electric shavers, OneBlade grooming products, and Avent mother and child care products. Philips also sells products under the Hue name in connected lighting, although Philips lighting was spun off into Signify in 2016. Philips Respironics is associated with sleep and respiratory care products. Koninklijke Philips N.V. acquired Respironics in 2007. Philips healthcare products include equipment and software used by hospitals, clinicians, and patients. Philips no longer operates its former domestic appliances business as a Royal Philips business. That business was sold to Hillhouse Capital in 2021 and renamed Versuni in 2023. Versuni markets Philips-branded domestic appliances under a trademark arrangement with Koninklijke Philips N.V. Philips televisions are also operated through a separate arrangement. TPV states that it has exclusive rights to operate the Philips-branded monitor, television, and audio, video, and accessories business worldwide. TPV and Philips formed TP Vision in 2011, with TPV owning 70 percent and Philips owning 30 percent at formation. TPV acquired the remaining Philips stake in 2014.

Are LG and Philips the same company?

LG and Philips are not the same company. LG is a separate South Korean business, while Philips is ultimately owned by the Dutch company Koninklijke Philips N.V. Philips and LG have both sold televisions and other consumer electronics, but shared product categories do not mean shared ownership. Philips television operations in most parts of the world are associated with TPV and TP Vision, not LG.

Who is Philips' biggest competitor?

Philips has different competitors in different markets because Koninklijke Philips N.V. operates across health technology and personal health rather than one single product category. In medical imaging and hospital technology, Philips competes with companies such as GE HealthCare and Siemens Healthineers. In electric toothbrushes, Philips Sonicare competes with brands such as Oral-B. In electric grooming, Philips Norelco and OneBlade compete with brands such as Braun. Television competition involves a separate Philips-branded business operated through TPV and TP Vision in many markets. Television competitors include Samsung, LG, Sony, TCL, and Hisense. No single company is Philips' biggest competitor across all Philips businesses.

Is Philips an American company?

Philips is not an American company. Philips originated in Eindhoven, the Netherlands, and its ultimate owner, Koninklijke Philips N.V., is incorporated and headquartered in the Netherlands. Philips expanded in the United States through acquisitions and consumer electronics operations. Philips purchased Magnavox in 1974 and acquired Philco in 1981, but those transactions did not change Philips' Dutch origin or ultimate ownership.

What happened to Philips lighting and appliances?

Philips lighting became Signify after Koninklijke Philips N.V. spun off its lighting business in 2016. Signify is therefore separate from Royal Philips, although Philips remains the owner of the Philips trademark used under licensing arrangements. Philips domestic appliances became part of Versuni after Koninklijke Philips N.V. sold the business to Hillhouse Capital in 2021. The business was renamed Versuni in 2023. Versuni's portfolio includes Philips-branded appliances, along with brands such as Saeco, Gaggia, Preethi, Philips Walita, and L'OR Barista. These changes explain why the owner of Philips-branded lighting or appliances may differ from the company that owns and operates Royal Philips' health technology businesses.

How large is Philips today?

Koninklijke Philips N.V. reported EUR 17.8 billion in group sales for 2025. The company reported 64,817 employees at the end of 2025 and operations in 71 countries. The 2025 business was organized around Diagnosis and Treatment, Connected Care, Personal Health, and other activities. The 2025 sales figures were EUR 8.531 billion for Diagnosis and Treatment, EUR 5.076 billion for Connected Care, EUR 3.673 billion for Personal Health, and EUR 554 million for other activities. Philips reported that its corporate headquarters were in Amsterdam in 2025. Eindhoven remains significant to Philips history and is the location of the company's registered address.

Frequently asked questions about Philips

Is Philips a good TV brand?

Philips televisions are sold through TPV and TP Vision arrangements rather than directly as a single Royal Philips consumer electronics business. Television quality and features vary by model, market, and manufacturer, so the specific television model matters more than the Philips name alone.

Is Philips Norelco waterproof?

Some Philips Norelco shavers are designed for wet and dry use, while others are intended only for dry shaving. The product's water-resistance rating and instructions determine whether a particular Philips Norelco model can be rinsed or used in the shower.

Is Philips OneBlade waterproof?

Some Philips OneBlade models are water resistant and can be used wet or dry, while model specifications differ. A user should check the markings and instructions for the exact OneBlade product before using it in water.

Is Philips Sonicare a good toothbrush?

Philips Sonicare is an electric toothbrush line made by Philips Personal Health. Sonicare includes multiple models with different cleaning modes, timers, pressure features, batteries, and brush-head compatibility, so the relevant model should be compared with the user's needs.

Is Philips Hue worth it?

Philips Hue is a connected lighting product line associated with the Philips lighting business, which became Signify after the 2016 spin-off. Whether a Philips Hue product is worth the cost depends on the value a shopper places on app control, connected lighting features, and compatibility with the specific system.

Who owns Philips Norelco and Philips Sonicare?

Philips Norelco and Philips Sonicare are Philips Personal Health product lines, and the Philips brand is ultimately owned by Koninklijke Philips N.V. Norelco is used for Philips electric grooming products in the United States, while Sonicare is the Philips electric toothbrush line.

Who owns Philips TVs?

The Philips trademark is ultimately owned by Koninklijke Philips N.V., while TPV operates Philips-branded television business in most parts of the world through arrangements connected with TP Vision. Philips televisions are therefore not the same as LG televisions and are not generally made by LG.

Who owns Philips Respironics?

Philips Respironics is part of Koninklijke Philips N.V.'s health technology history. Philips announced the acquisition of Respironics in 2007 for approximately EUR 3.6 billion, or USD 66 per share.

Sources: results.philips.com, via.ritzau.dk, philips.com: philips fourth quarter results 2025.html, sec.gov, philips.com: philips publishes its annual report 2025.html, companiesmarketcap.com: 0001628280 26 009470, companiesmarketcap.com: 0001628280 26 009470, versuni.com, britannica.com, en.wikipedia.org, de.wikipedia.org, umbrex.com, philips.com: our history, fr.wikipedia.org, encyclopedia.com: koninklijke philips electronics nv, pl.wikipedia.org, markets.chroniclejournal.com, es.wikipedia.org, collection.sciencemuseumgroup.org.uk, encyclopedia.com: nv philips gloeilampemfabrieken, nl.wikipedia.org, philips.nl, philips.com: 135 years of philips an innovation diary.html

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