12 Interesting facts about company Philips - FaqLabs

Monday, 9 October 2017

12 Interesting facts about company Philips

1. Company Philips was founded by a father-son duo Frederik Philips and his son Gerard Philips. 

2. Philips was founded in the year 1891 at Eindhoven in Netherlands.
philips company facts
3. Philips is currently headquartered at Amsterdam in Netherlands.

4. It deals mainly with Lightning, Electronics and Medicare/healthcare products.

5. Philips operates from more than 60 countries and employs more than 1 lac people.

6. Founder Gerad Philips is also known as "Founding Philips".

7. Philips suffered losses during initial years and was almost bankrupt. Anton Philips, younger brother of Gerad was then brought in and with his engineering knowledge and management skills the company was back on track.

8. Philips is mainly listed on EuroNext Amsterdam stock exchange and is also listed on NYSE that is New York stock exchange in the US.

9. Frans van Houten is the current CEO of the company. He has been in Philips since 1986 and has held multiple positions in Philips before becoming CEO of the company in 2010

10. During World war II when Germany was about to attack Netherlands, the Philip family members fled to the US and operated the company from there. Anton was the only one who remained behind in Netherlands.

11. Anton Philips while in Netherlands during the world war II saved 382 Jews from the Nazi explaining them that they were absolutely necessary for production in Philips.

12. Gerad Philips remained the first CEO of Philips from beginning till 1922.

No comments:

Post a Comment