Philips, a Publicly Owned company headquartered in the Netherlands, was founded in 1891. It employs approximately 69,450 people and reported $20.2B in revenue as of 2025. The company is primarily involved in Hospitals and Health Care, operating as a multinational conglomerate known for its diverse range of products and services across healthcare, consumer electronics, and lighting sectors.

2025 Revenue

Founded

1891

Headcount

24,544

Headquarters

Netherlands

Primary Segment

Hospitals and Health Care

Ownership

Publicly Owned

News Summary:

Philips recently elevated Pushpa V to Consumer Marketing Leader for India on September 18, expanding her mandate to lead marketing for men’s grooming, beauty, and the Philips Avent portfolio. She previously served as Director – Business Impact Digital for the Beauty and Men’s Grooming categories. Earlier on September 17, Royal Philips announced that the Southwest Mississippi Regional Medical Center installed the first Philips Rembra CT system in the U.S. The same day, Philips launched its Evnia 34M2C8600P QD-OLED Monitor, featuring a 5th Gen QD-OLED panel for superior clarity, a 34-inch ultrawide display with an 1800R curvature, and a 280Hz refresh rate. This monitor, unveiled following another ultrawide 34-inch Philips Evnia display a week prior, is expected to be available next month.
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