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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Koninklijke Philips Electronics N.V.

Koninklijke Philips Electronics N.V.
NYSE: PHG
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 NEWS FROM THE WIRES
KPN Telecomwins order from Philips
Aug 24 2001 05:04 AM PDT

Lawmaker says "blood diamond" accord in trouble
Aug 24 2001 05:04 AM PDT

FEATURE-Light bulb makers moving out of Edison's shadow
Aug 20 2001 09:07 AM PDT

HK's HSI hit by telecom slide, HSBC lends some support
Aug 17 2001 02:52 AM PDT

Romania's Alro plans capital rise
Aug 17 2001 02:50 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Philips Trims Set-Top Box Business to Stem Losses
Jun 27 2001 03:56 AM PDT

Philips Calls on China for Cell Phones
Jun 26 2001 11:45 AM PDT

Siemens Cuts 2,000 More Jobs
May 10 2001 08:11 AM PDT

 PROFILE
Koninklijke ("Royal") Philips Electronics, the world's third-largest consumer electronics maker, wants consumers to change the channel when it comes to #1 Matsushita and #2 Sony. Philips makes TVs, VCRs, CD and DVD players, phones, pagers, and other electronic gadgets. Its brands include Marantz, Norelco, and Magnavox, although the company plans to put more emphasis on its Philips brand. The company also makes lightbulbs (#1 worldwide), electric shavers (#1), picture tubes, small appliances, components, medical systems, PC monitors, and semiconductors. Philips has been dumping noncore businesses, such as its stake in music giant PolyGram, and acquiring and forming joint ventures in its core sectors.

 COMPETITION
Hitachi, Ltd. (HIT)
Matsushita Electric Industrial Co., Ltd. (MC)
Sony Corporation (SNE)

 DEALS
Deal: Philips, RealNetworks Form Partnership
Date Announced: 08.09.99
Value of transaction (US $Mil): 0
Description: Electronics company to integrate RealNetwork's digital music systems into its products.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 33,644.00
1-Yr. Sales Growth: 6.0%
Employees: 219,429
Revenue per employee: $153,325.22

 KEY PEOPLE
• Gerard J. Kleisterlee
    CEO
• Jan H.M. Hommen
    CFO

 CONTACT INFO
The Rembrandt Tower, Amstelplein 1
1096 HA Amsterdam, The Netherlands
Phone: 31-20-59-77-777
Fax: 31-20-59-77-070
Online: Web Site

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