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What is Philips Avent UK?
Founded in 1891, Philips is a multinational brand offers various services include Home appliances, Lighting and Medical equipment. The headquarter of the brand in Amsterdam, Netherlands. The brand was founded by Gerard Philips and Frederik Philips. The brand provides the various products and services include wireless portable speaker, Televisions, Audio DJ equipment, Headphones, Home cinema sound, Home audio, Portable audio, Blu Ray and DVD players, App enabled products, Pocket projectors, Home projectors, Portable multimedia, Bottle feeding, Bottle warmers and sterilisers, Toddler feeding, Gift sets, Baby Monitors and Soothers. Philips is one of the largest electronics companies in the world and having 122,000 employees around the world. The company has divided the organization in to Three groups i.e. Philips Consumer Lifestyle, Philips Healthcare and Philips Lighting. Philips lifestyle deals with the electronic goods and appliances and Philips healthcare deals with the health services. In the year of 2012 Philips was the largest lighting manufacturer in the world measured by the revenue. Philips is listing on the Euronext Amsterdam stock exchange and also it has a secondary listing on the New York Stock Exchange. Jeroen Van Der Veer is the present chairman of the company. The total Profit of the company in 2012 was 226 million Euros. The main objective of the brand is to providing the best services to customers.
Philips History and Mode of Operation
There are many acquisition of the company with other brand Magnavox, Signetics, Mullard, VLSI and Agilent. The main reason of acquisition of the company with other brand is to spread the business and services in wide range. The company was founded in 1891. The company started to manufacture other products, such as vacuum tubes in the year 1920 .Philips is registered in the Netherlands as a naamloze vennootschap and has its world headquarters in Amsterdam. Philips had 111 manufacturing facilities and 59 Research and development Facilities across 26 countries. The company providing the sales and service operations in around 100 countries.