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Suggest pagesPhilips Consumer Lifestyle
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| Type | Subsidiary |
|---|---|
| Industry | Electronics |
| Founded | 1891 |
| Headquarters | Amsterdam, the Netherlands |
| Key people | Frans van Houten, CEO |
| Products | Consumer Electronics |
| Revenue |  € 10.576 billion (2006) |
| Net income | € 416 million (2006) |
| Parent | Philips |
| Website | www.consumer.philips.com |
Philips Consumer Lifestyle is a part of Philips (Koninklijke Philips Electronics N.V.); which is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38.9 billion) and it employed 161,500 people in more than 60 countries. Other Philips divisions are: Philips Lighting, Philips Healthcare, Philips Domestic Appliances and Personal Care. The Consumer Electronics division is the only Philips division located in Amsterdam. In 2008, former Philips Consumer Electronics was consolidated with Philips Domestic Appliances and Personal Care to create Philips Consumer Lifestyle.
The company receives royalties for every DVD and Blu-Ray manufactured [1].
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[edit] History
While Philips' first product was manufactured in 1891, the first product that would fit in the Consumer Electronics division was a television, experimentally manufactured in 1925. In 1927, Philips began producing radios. Only five years later, Philips had sold one million of them. One other major product release came in 1963, when the Compact Cassette was introduced.
After Philips Consumer Electronics acquired companies as Magnavox and Sylvania in the late 1970s, Philips managed to sell their 100-millionth TV-set in 1984. Philips still is the European television market leader, as well as the third in the world.
Because of the enormous growth, Philips decided to split up their company divisions during the 1990s. While Philips CE contains most of the Consumer Electronics, other products such as Philips' shavers were located under the Domestic Appliances division.
[edit] Product timeline
- 1949, began selling television sets.[1]
- 1951, introduced the Philishave two-headed rotary shaver, marketed in the USA under the Norelco name.
- 1963, introduced the Compact Cassette.
- 1963, introduced the first domestic home video tape recorder, the 405 line 1" tape reel model EL3400.
- 1978, introduced the Laserdisc player, using technology invented in the 1960s.
- 1978, introduced the Philips Videopac G7000 (pictured at right), a home video game console developed by its Magnavox division. Marketed in the United States as the Odyssey2 console. Variations of the console are sold worldwide through 1984.
- 1979, introduced the Video 2000-system: a technically superior design, but a commercial failure.
- 1982, launched the Compact Disc in partnership with Sony.
- 1983, participated in developing the MSX home computer standard. This computer standard was mainly popular in Japan and the Netherlands.
- 1991, introduced the CD-i, the Compact Disc Interactive system which had many video-game console-type features,[2] but was not a sales success .
- 1992, launched the ill-fated Digital Compact Cassette format.
- 1995, manufactured the Atari Jaguar's CD add-on for Atari.
- 1999, launched the Super Audio CD in partnership with Sony.
- 2000, launched the luminaire Iridium.
- 2001, successfully launched the Senseo coffeemaker, first in the Netherlands and from 2002 onwards, in other countries across Europe. It produces coffee by brewing from custom-made pads containing coffee grounds. The original Senseo pads are produced by Douwe Egberts. The Senseo has been available in the US since 2004.
- 2004, Philips HomeLabs research center created the Mirror TV technology used in their MiraVision television line.
- 2006, introduced the Blu-ray Disc in partnership with Sony.
- 2008, introduced flatscreen with WOW VX technology. (3D TV)
- 2008, introduced the Relationship Care range of Philips Intimate Massagers to the UK market. The company receives a royalty on every DVD manufactured.[3]
- 2009, introduced the Philips Cinema 21:9 TV in a widescreen mode for HDTVs with an LCD display using the aspect ratio.
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Philips Cassette Recorder, 1963
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Philips Cordless Phone
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Philips Video game Console
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Philips Screenphone, 2009
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Philips electric razor, 2010
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Philips Ambilight TV, 2009
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[edit] References
- ^ Cite error: Invalid
<ref>tag; no text was provided for refs namedwaarom; see Help:Cite errors/Cite error references no text - ^ Philipcscdi.com, History of Philips CD-i
- ^ "How can papers afford to give away DVDs?", news.bbc.co.uk, The BBC, 11 October 2005. Retrieved on 29 July 2007.
[edit] External links
[edit] General
[edit] CE Product departments
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