History of Philips

sunandaC

Sunanda K. Chavan
The History……….

1891 by Gerard Philips in Netherlands.

In 1900s one of the largest producers of carbon filament lamps.

In 1920s,began the ,mass production of consumers goods.

X-rays and radio reception were key focus.

1927,introduced the first radio.

The great depression of 1930s and the stock market crash of 1929.

1980..phiplis sprang back profitability

Despite the restructuring ,it remain as an inefficient company.

1996…another restructuring which includes hob cuts, outsourcing…..

Failed joint ventures with lucent technology.

Strategy to focus on the healthcare, consumer lifestyle products and enabling technology and reduce the number of the division from 6 to 5 in 2003.

And the number of the Phiplips units come down to 3.

Searching for new ideas.

1950s it developed its first large screen projection tv, refrigerators, washing machines and vacuum cleaners.

Audio cassettes which have a huge hit to the customers

Dictaphone

1964 develops colour TV

1972 …………Polygram
 
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