Which type of products are sold by Philips consumer electronics? Is it everything a normal consumer can buy?
On the Wikipedia page it looks like products such as lamps, headphones, toothbrushes and TVs are products belonging to Philips. It is a bit confusing because it says in the beginning of the Wikipedia article that the consumer electronics is no longer part of the company.
“Venture capitalist” was supposed to be “private equity”.
“Consumer electronics” is apparently only referring to the audiovisual (TV, speakers etc) line of Philips. That was sold to the Chinese but not private equity firm TPV Technology.
Philips Domestic Appliances which contains e.g. vacuums, blenders, and coffee machines was sold to the Chinese private equity firm Hillhouse Capital Group.
And the lightbulbs (Philips Hue etc.) were spun off into the still Dutch Signify.
Still part of Philips seem to be products in the categories:
Philips consumer electronics¹ (as a brand only) was acquired by Chinese venture capitalist² firm.
EDITS:
¹ actually Philips Domestic Appliances (but the consumer electronics division was also sold to a Chinese company)
² private equity
Which type of products are sold by Philips consumer electronics? Is it everything a normal consumer can buy? On the Wikipedia page it looks like products such as lamps, headphones, toothbrushes and TVs are products belonging to Philips. It is a bit confusing because it says in the beginning of the Wikipedia article that the consumer electronics is no longer part of the company.
Ah sorry, a couple errors on my part.
“Venture capitalist” was supposed to be “private equity”.
“Consumer electronics” is apparently only referring to the audiovisual (TV, speakers etc) line of Philips. That was sold to the Chinese but not private equity firm TPV Technology.
Philips Domestic Appliances which contains e.g. vacuums, blenders, and coffee machines was sold to the Chinese private equity firm Hillhouse Capital Group.
And the lightbulbs (Philips Hue etc.) were spun off into the still Dutch Signify.
Still part of Philips seem to be products in the categories:
Thanks, this is really good information.