Signify, a publicly owned company headquartered in the Netherlands, specializes in Appliances, Electrical, and Electronics Manufacturing, with approximately 10,940 employees. The company reported EUR 6.9 billion in sales as of 2021. It focuses on lighting for professionals, consumers, and the Internet of Things, providing Philips products, Interact connected lighting systems, and data-enabled services. These offerings aim to deliver business value and transform life in homes, buildings, and public spaces.

Revenue

Founded

-

Headcount

10,933

Headquarters

Netherlands

Primary Segment

Appliances, Electrical, and Electronics Manufacturing

Ownership

Publicly Owned

News Summary:

Signify faces a patent lawsuit, initiated by ETI Solid State Lighting, which on April 30, 2026, filed a second case after Signify previously sued ETI and LITON Lighting on May 2, 2025. On April 29, the company updated its Philips Hue ecosystem with a "natural" light distribution feature, designed to enhance scene realism and increase consumer retention in the premium smart lighting segment against Matter-compatible competitors. Previously, on April 28, Signify released version 5.66.0 of its Philips Hue smartphone app, introducing the SpatialAware feature to the Philips Hue Bridge Pro, a capability initially announced for the first quarter of 2026. This follows Signify's continuation of its community relamping initiative on March 22, 2026, in partnership with the Bishan Toa Payoh Town Council, to provide energy-efficient Philips Ultra Bright LED bulbs to households in Singapore's Sin Ming area.
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