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Philips Norelco is owned by Koninklijke Philips N.V., headquartered in the Netherlands. No. The ultimate owner of Philips Norelco, Koninklijke Philips N.V., is headquartered in the Netherlands, not in the United States.
Koninklijke Philips N.V. is a Dutch multinational corporation that specializes in health technology, including medical devices, consumer health products, and lighting solutions.
Philips Norelco is a subsidiary of Koninklijke Philips N.V. in the United States, focusing on personal care products.
Sources: en.wikipedia.org, philips.com
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