TP Vision, a privately owned company based in the Netherlands, was founded in 2012 and employs approximately 920 individuals in the computers and electronics manufacturing sector. The company specializes in developing, manufacturing, and marketing Philips-branded TV sets, serving markets across Europe, Russia, the Middle East, Brazil, Argentina, Uruguay, Paraguay, and selected countries in Asia-Pacific.
TP Vision, the brand licensee for Philips TVs and Philips Sound products, received 2026 Red Dot Product Design Awards on July 13, 2026, reinforcing its position in premium consumer electronics design for its commitment to outstanding European design. Earlier, on March 24, 2026, the company announced a significant shift in its smart television strategy, stating that all Philips TVs released in 2026 will abandon Google TV in favor of the Titan OS platform. This move follows a 2025 lineup where only Philips TVs with OLED screens were powered by Google TV.