Local leader

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world’s biggest electronics companies and Europe’s largest, with sales of EUR 29 billion in 2003. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 165,300 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, semiconductors, and medical systems.

Royal Philips Electronics is tenth on Fortune's list of global top electronics corporations. We are active in about 60 businesses, varying from consumer electronics to domestic appliances, and from security systems to semiconductors.

We are a world leader in digital technologies for television and displays, wireless communications, speech recognition, video compression, storage and optical products as well as the underlying semiconductor technology that makes these breakthroughs possible.

We have world class solutions in lighting, medical systems (particularly scanning and other diagnostic systems) and personal and domestic appliances where our investments in design and new materials are critical to success.

Translated into figures, we produce over 2.4 billion incandescent lamps every year, and some 30 million picture tubes.

Around 2.5 million heart procedures (scans and interventional procedures) on X-ray equipment are carried out each year using our technology.

One in seven television sets worldwide contains a Philips picture tube, and 60 percent of all telephones contain Philips products.

Thirty percent of offices around the world are lit by Philips Lighting, which also lights 65 percent of the world's top airports, 55 percent of major soccer stadia, and 30 per cent of hospitals.

The strength of Philips' global operations is reflected in its (value-based) leadership position in many of the markets in which it is active: