3 ms·
What happened with Philips? As a consumer brand I think they have languished. I liked them a lot in the 80s-90s, now I avoid them.
by mongol 5y ago
What happened with Philips? As a consumer brand I think they have languished. I liked them a lot in the 80s-90s, now I avoid them.
- apexalpha 5y agoThey used to be what Samsung or LG is today, but couldn't keep up after the 90s. They invented the CD and DVD but after that went into decline. They have a consumer side that still does lightning (Philips Hue is pretty big) but mostly focus on healthcare such as MRIs and Ventilators.
- poorna13 5y agoLighting has also been spun off into a separate company (https://www.signify.com/global https://www.signify.com/global) which has a license to produce Philips branded products - similar to the TPVision - Philips TV arrangement. Philips itself is fully focused on healthcare these days (and some consumer adjacencies like Toothbrushes and Baby care stuff).
- royjacobs 5y agoThey are focusing on healthcare and personal care products and are doing pretty well there. Their MRI scanners are well regarded, for instance. Other electronics like televisions are still produced under the Philips name, but that's just TP-Vision making them in China and slapping the Philips name on it.
- rasz 5y agoPhilips history in 6 chapters, written up by RF engineer with 30 years at Philips/NXP https://www.maximus-randd.com/technology-history.html https://www.maximus-randd.com/technology-history.html TLDR Commodore level management. It ends with picking inferior but marginally cheaper third party components for TVs instead of using own internal products developed specifically for the role, in effect sinking R&D budget and destroying market leader position. WSP (World Standard Pinning) "standardization" story with management naive dreams of selling own products in Asia without cannibalizing home European market while simultaneously moving Consumer Hardware Development to Asia .. where all the hardware was thereafter designed with Asian parts first was priceless. Philips TV division deciding to second source, skipping Philips Tuners division thus eroding own company market share and profit. Then in turn Philips Tuners division commissioning a cheaper clone of Philips MOPLL from Siemens with a huge minimal volume quota, consequently eroding Philips Semiconductors market share by 25% and forcing Tuner division to manufacture inferior products with already obsolete part. Just beautiful, <Chef's Kiss>, Pure genius! > The most devastating development, however, was purely internal and of severe structural impact.
- spaniard89277 5y agoSad to read, tbh