Description
SWOT ANALYSIS OF PHILIPS

Philips

Parent Company

Koninklijke Philips Electronics N.V.

Category

Conglomerates

Sector

Lifestyle and well-being

Tagline/ Slogan

Sense and simplicity

USP

Improving people’s life through meaningful innovation STP

Segment

Consumer lifestyle, healthcare and lighting

Users of domestic appliances like TV, video games; Users of kitchen appliances; healthcare industry users of imaging systems, patient Target Group care and clinical informatics; Industry and domestic users of light;

Positioning

Trusted brand committed to quality and innovation SWOT Analysis

1. Subsidiaries in more than 100 countries with more than 120,000 employees 2. Operates around 110+ production facilities 3. Has a very strong R&D portfolio, with 7 active R&D centers across the globe 4. Market leadership and strong brand equity - market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions with consistent growth rate in emerging market 5. Aligning operations with market conditions to increase productivity - Philips focused on de-layering its management structure to increase speed of execution and lower operating costs, resulted in improvement in efficiency Strength 6. Customer loyalty is high for consumer electronics made by Phillips

1. Legal tangles tarnish brand image – With over 50 class action antitrust complaints resulting in investigation against Philips like Lite-on digital solution, CRT division 2. Highly competitive market in electronic appliances from both local and international brands Weakness 3.Higher price quotient compared to competitors

1. Growth through the inorganic route is key to Philips 2. Increasing demand for sustainable and green lighting products 3. Growing presence in emerging markets like India and China 4. Push from various government and environmental activists for Opportunity greener products indirectly promoting the products of Philips

1. Highly competitive business environment 2. Counterfeit goods - a major threat to manufacturers of branded electronics 3. Environmental and other government regulations 4. Exchange rate fluctuations Threats 5. Availability of cheaper technology in local markets Competition

1. General Electric company 2. LG electronics Inc 3. Motorola Inc 4. RF Micro devices Competitors 5. Samsung Electronics



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