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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Philips Electronics North America Corp.

Philips Electronics North America Corp.
 PROFILE
Whether you need an early morning shave or a late night TV fix, Philips Electronics North America supplies the goods. The US arm of Dutch Koninklijke ("Royal") Philips Electronics, the company oversees Philips operations in the US, Canada, and Mexico. Its products include TVs, CD/DVD/MP3 players/recorders, VCRs, shavers, WebTV devices, broadcast television systems, broadband network systems, medical imaging equipment, and semiconductors. Its brands include Philips, Philips Magnavox, Norelco, and Marantz. Philips also makes lighting products -- its parent is the world's largest lightbulb maker. To boost brand recognition, Philips paid $180 million to have an Atlanta sports arena named after the company.

 COMPETITION
Matsushita Electric Corporation of America (dossier)
Sony Corporation (SNE)
THOMSON multimedia S.A. (TMS)

 DEALS
Deal: Be Here Nabs $6 Million in Equity Financing
Date Announced: 05.23.01
Value of transaction (US $Mil): 6
Description: Digital imaging firm secures additional funding from institutional and strategic investors.

 KEY PEOPLE
• William E. Curran
    CEO
• Martha Lee
    CFO

 CONTACT INFO
1251 Avenue of the Americas
New York, NY 10020
US
Phone: 212-536-0500
Fax: 212-536-0559
Online: Web Site

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