Annual Report 2008
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Our company

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Our company was founded in Eindhoven (Netherlands) by Anton and Gerard Philips to manufacture incandescent lamps and other electrical products. Ever since then, our innovations have been making people’s lives simpler, more enjoyable and more productive.

Based on a deep understanding of what people really need and want, and delivering on our promise of simplicity, we empower our customers – both healthcare and lighting professionals and end-consumers – with solutions that are advanced, yet designed around them and easy to experience.

We see exciting opportunities in both mature and emerging markets and apply our competence in marketing, design and technology to capture value from major economic, social and demographic trends, for example the growing demand for better healthcare at lower cost, consumer empowerment, the rise of emerging markets and the need for energy efficiency.

At the same time, we are committed to enhancing economic prosperity, environmental quality and social equity wherever we operate.

We improve the quality of people’s lives through the timely introduction of meaningful innovations.

In a world where complexity increasingly touches every aspect of our daily lives, we will lead in bringing sense and simplicity to people.

We empower people to benefit from innovation by delivering on our brand promise of “sense and simplicity”. This brand promise encapsulates our commitment to deliver solutions that are advanced, easy to use, and designed around the needs of all our users.

Headquartered in Amsterdam, Netherlands

  • Healthcare
  • Consumer Lifestyle
  • Lighting
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This is an interactive electronic version of the Philips Annual Report 2008 and also contains certain information in summarized form. The contents of this version are qualified in their entirety by reference to the printed version of the Philips Annual Report 2008. The printed version is available as a PDF file on this website. Information about: forward-looking statements, third-party market share data, fair value information, US GAAP basis of presentation, use of non-US GAAP information, statutory financial statements and management report, revision and reclassifications and analysis of 2007 compared to 2006.
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