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Philips is not exactly a European household appliance manufacturer, they've sold off most of that and moved into health tech.
by nehal3m 2y ago
Philips is not exactly a European household appliance manufacturer, they've sold off most of that and moved into health tech.
- fransje26 2y ago> they've sold off most of that and moved into health tech. ..and are knowingly selling, among other things, highly defective CPAP devices.
- Rinzler89 2y agoNah bruh. Philips and Electrolux are mostly just name brands today that license their badges to be placed on goods from OEM Chinese or Turkish appliance makers.
- Reason077 2y agoElectrolux doesn't license out their brand names to anyone, AFAIK. They do operate manufacturing facilities in 16 countries, and 2 of their 3 largest factories are in Europe: Vallenoncello, Italy and Ljungby, Sweden (the third is in Rayong, Thailand - not China!) With Phillips its more complicated because they've spun off many of their divisions into separate companies, such as the lighting division into Signify NV. So Signify now makes the Phillips Hue lighting products under license. But it's not like they're licensing the brand out to random companies - they're companies that were previously part of Phillips itself.
- Reason077 2y ago> "they've sold off most of that and moved into health tech" They've kept health tech and "personal care products", which includes the Phillips shavers and toothbrushes. Phillips is a global market leader in those products and sells just about as many shavers as Braun does.