Operations
Philips is registered in the Netherlands as a naamloze vennootschap and has its world headquarters in Amsterdam. At the end of 2011 Philips had 124 manufacturing facilities across 26 countries and sales and service operations in around 100 countries.
Philips is organized into three main divisions: Philips Consumer Lifestyle (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Philips Healthcare (formerly Philips Medical Systems) and Philips Lighting. Philips achieved total revenues of €22.579 billion in 2011, of which €8.852 billion were generated by Philips Healthcare, €7.638 billion by Philips Lighting, €5.823 billion by Philips Consumer Lifestyle and €266 million from group activities. At the end of 2011 Philips had a total of 121,888 employees, of whom around 44% were employed in Philips Lighting, 31% in Philips Healthcare and 15% in Philips Consumer Lifestyle.
Philips invested a total of €1.61 billion in research and development in 2011, equivalent to 7.1% of sales. Philips Intellectual Property and Standards is the group-wide division responsible for licensing, trademark protection and patenting. Philips currently holds around 54,000 patent rights, 39,000 trademarks, 70,000 design rights and 4,400 domain name registrations.
Read more about this topic: Chapel Radio
Famous quotes containing the word operations:
“There is a patent office at the seat of government of the universe, whose managers are as much interested in the dispersion of seeds as anybody at Washington can be, and their operations are infinitely more extensive and regular.”
—Henry David Thoreau (1817–1862)
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)
“Plot, rules, nor even poetry, are not half so great beauties in tragedy or comedy as a just imitation of nature, of character, of the passions and their operations in diversified situations.”
—Horace Walpole (1717–1797)