The Tragic Downfall of Philips
ฝัง
- เผยแพร่เมื่อ 20 ต.ค. 2024
- Discover the fascinating story of Philips, a once-renowned electronics giant. From its humble beginnings in 1891 as a father-son venture in Eindhoven, the Netherlands, to its rapid expansion and focus on innovation, Philips played a pivotal role in shaping the world of electronics. But not everything was smooth sailing for the Dutch powerhouse.
Dive into the company's successes and innovations, including the famous Philips radio, the Philishave electric razor, and the Compact Disc (CD). Learn about the challenges Philips faced, from the ravages of World War II to failed products like the Compact Disc Interactive (CD-i), and how the company eventually lost its footing in the electronics industry.
Today, Philips has shifted its focus to healthcare and well-being, aiming to improve the lives of billions by 2030. But can it make a comeback in the world of electronics? Watch the video to find out and share your thoughts in the comments below!
#businessinsider #inspiringbusiness #businessstories #businessstorytelling
_______________
🔸 SUBSCRIBE NOW and never miss a video about
Click here: / @dutchbusinessstories
Don’t forget to turn on all notifications!
_______________
WATCH MORE of these business documentaries and stories of wealth:
This Is How A Lazy Student Became The Delivery King of Europe - • This Is How A Lazy Stu...
_______________
Business inquiries and contact details
For business inquiries, copyright matters or other inquiries, please contact us per email: dutchbusinessstories@gmail.com
_______________
Disclaimers
• This video contains information not to be considered the truth, rather theories and information found on the internet or broadcasted by news outlets and journalists. Dutch Business Stories does not have the intend to slander or discredit any of the persons or entities mentioned. This video does not contain financial advice, it is for entertainment purposes only.
• We use images and content in accordance with the TH-cam Fair Use copyright guidelines
• This video could contain certain copyrighted video clips, pictures, or photographs that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above.
greetings from Eindhoven The Netherlands . Yes there is nothing left of the company. its a sad story
there are still ASML and NXP... they were both part of Philips.
Because Europe is doomed
Here in Croatia, the Philips brand is very well known and appreciated and Philips products are available in almost all electronic equipment and appliance stores. I also own many of their products, TV, trimmer, hair clipper, shaver, electric toothbrush, hair dryer ........So it is not clear to me what kind of decline of the company and the Philips brand we are talking about !!
One of my favourite memories of the 90s was our first ever coloured TV of Philips.
This is what happens when money people, ie. the MBAs take over a tech company. The same thing happened to AT&T Bell Labs, which later was turned into Lucent. Short sighted MBAs who are only interested in the next quarter destroy great, innovative companies for the sake of lining their own pockets with bonuses.
I work in the Healthcare field as a Biomed ( repairing medical equipment). Philips is number one the medical equipment field and just moved away from consumer products.
They are a spec of what they used to be,if it was using electric they made it,crested it or improved it. They are now a one trick pony now,nothing to fall back on when they did so much stuff before. Their spinoff asml,nxp,tsmc. Blasted so far into the stratosphere in mkt cap and mkt share of the products. Philips pioneered so much,and let it fall from their grip. They where one of the first companies to implement employee health care benefits in the early 1900s
They did also all the components manufacturing from resistors,transistors,ics,ckt boards,lighting components actual led devices not just complete led stuff but everything in the led. They sold off lighting div renting philips name for 15 years to the new company called signify. It is still the biggest in the world another monster philips developed
Small appliances,all gobe,sold to Chinese holding company, for like 3 billion. They had some innovative small appliances,my philips SAECO coffee machine made in Italy is great, they one one of the pioneers in those table top air fryers that took off in the market..
Polygram was their music div,biggest in the world at the time,sold off decades ago to universal
That recall though.
What happens to Philips happens to many companies now.
Like Volkswagen, Bayer, Shell, etc..
The hunger for growth of shareholder value only....
No longer making great products for happy people, primairily.
They are running to walls. Unbreakable. Because... their clients are those people that are unhappy now, or dead even.
Leading to extremely low shareholder value.
Dead end, u-turn !!
No mention of the Philips record label. It was a major player in classical, ethnic and European popular music for decades
Philips owned polygram..at the time biggest record music company un the world. Had dozens of labels under its umbrella...they sold it to Universal music in the 80s before the music industry took a nosedive...
Polygram even eventually owned motown,a&m, etc etc. London Decca dg,mercury,dozens,under polygram,philips label was one of them...
I love Philips brend, so many of Philips products in every store, I own few of them : Shaver, hair clipper, electric toothbrush, trimmer, old gramophone ....
เกิดปี1969ปัจุบันก็ยังใช้ผลิตภัณฑ์
ฟิลิปส์ถือว่าเขาเก่งสุดยอดนวัตกรรม
เทคโนโลยีมากจาก ไทยแลนด์ครับ
Well Philips and ASM started ASML in 1984. ASML is considered the most valuable company in the world. Not so tragic....
Henk & Franz went wrong. Now Shez is killing the rest...
Philips wOOx I miss you 😢
Great video.
Philips also owned the basic patents for Video Games via their acquisition of Magnavox in the 70s.
They were always an innovative and quality company. Like with other products the Far East caught up and overtook.
My first decade was in the field of high speed instrumentation. But toward the 3rd decades of my career, I decided to switch
gear completely into consumer software products. I was doing something completely abhorrent to fellow engineers who
view consumer market to be beneath them. I took my company public 6 years later. None of my former contacts had a clue
of what i was doing. and it puzzles them to this day. I suspect Phillips was a victim of this kind of close minded thinking: hardware not software makes the company. Wrong.
I knew lots of the former products, I have a few here and I still use them. It's a pity it came that far. The proud Philips logo won't light again as it did before. But I think Europe is out of business for research at large scale just like it was once in.
Inovation in you! 🤗
Phillips will always be the best ever in everything they did if they would make a comeback they would be on top of the world 🌏 again
Its not management. Its leadership that failed Phillips
They still make good electronic products like headphones,tvs, and electrical shavers. They need to integrate their electronics arm into the business again.
But in the 1990s they had introduced some music systems in India which were very ordinary 😢😮are they still manufacturing TVs??
@shivaprasad6311 Yes, but it's done by Tp vision.
@@timotheusn.h.nakashona1001 Oh! Ok...Tp vision is manufacturing the products and putting Philips label...
We have a Philips 23 inch FHD led tv (2016 model) which is still performing decently.
But as said earlier music systems, including Power House models were quite disappointing. In the 1990s Indian markets were flooded by smuggled goods! Music systems by Akai, Sony, Panasonic, Sharp, Funai etc used to be sold in black markets! They were selling like hot cakes!
They don’t own their lights company. The company that manufactures the lights just pays for the name now
TV's are no longer by Phillips. It is name only. The TVs are now manufactured by Funai Corporation, and the same goes for Emerson, as well as Magnavox.
Physical format is KING Phillips was predominant in this field,
I’m an American, even I want Western Europe to have a modern equivalent.
At 5:10. You said the number "382" as three-eighty-two, as if you are a robot using your text-to-speech program to recite words from a page. Creepy.
Hi there!
We are not using any AI voice, this is my real voice...
All those cases jumped out to me too. There's no detectable accent but the pronunciation and punctuation of many words is just way off. Very creepy.
A great and an innovative company just going downhill with every passing down 😢
we tried to buy computer monitors in Canada but it looks like no way to find Philips Monitors. the Philips distributor/reseller tool does not work. we searched few online stores via google but they carry all low end monitors.
Taiwanese ones are the best now. Look for Acer, Asus, Iiyama, etc. They're all from a large Taiwanese company (BenQ) that has been making monitors since CRTs. Taiwan was in at the start of LCD and home computers.
The CDI-i simply lacked a killer app; one piece of software that would make the technology a necessity and virtually create a non-gamer market. Philips couldn't compete with Nintendo or Sony in games. Their marketing in general was rather muted because they produced such pioneering products that they had no competitors, and a product demonstration was enough to sell them without louding them up. Of course if the partnership deal hadn't scuppered, the royalties from all the console sales would've made Philips immune to flopping, and they could've persisted in the technology longer.
fascinating story indeed
❤😂🎉😢😮😅😊Cosa abbiamo nelle nostre abitazioni la corrente elettrostatica fate controllare dai vostri tecnici e ditelo alla tensai che sono la stessa marca ❤😂🎉😢😮😅😊
Why all the words in the center of the screen, the bottom of the screen would be better, even for your visual impaired viewers
Selling of Philips Semiconductors was a big mistake!
Project Management Office (PMO)
The virus was also in NXP, thanks to RC who kicked PMO out asa he took over in 2010-2011.
The apnea disaster will lead to bankruptcy. A good example of mismanagement. That's what you get when bean counters are in charge at Philips
il tigivision itt è con cinescopio philips quadrivision con sintonia a sintesi di frequenza quarzata e digitale ciao ❤😂🎉😢😮😅😊
NXP, ASML, TSMC all Philips spinoffs..heck even Panasonic!!! was started with the Matsushita dude in the 1950's, Philips owned 35% of the deal for decades, all gone. Shadow mask CRT was biggest tv maker, biggest radio maker all gone, poof. LG Philips Display, was biggest LCD panel maker, Philips bailed now LG Display is the biggest OLED panel maker for others too...Philips starts and bails, why? It was the biggest PRIVATE Research operation in the world, bigger than Bell Labs, yupper, all gone..poof
Unbelievable really when you consider all of that. How the mighty have fallen. Funai actually is using the Philips name even though Royal Philips deal fell through and I think they were sued. They use the Philips name for TVs and electronics in the US market. All super low quality Chinese made junk. Philips ended up selling their TV division to TP Vision Hong Kong which actually makes top quality OLED TVs and a lot of the Philips electronics engineers that worked at their TV division went to work with TP vision. In many respects it's still very much a Philips product, albeit not available outside of the European market. The use LG panels just Sony, Panasonic and other top makes but with their own image processing and customization like Panasonic and Sony do. Shame about Philips, they used to sell really nice electronics in the US back in the 80s thru mid-late 2000s.
@WiLDCATZ decades ago they started LG philips display...it became the largest maker of display panels...that too,they sold off their share to lg...which now makes lots of screens and oleds for many others.
India's marketing of Philips is not good, that's why it is suffering again, even then it will work if it comes on its own.
Philips is Philips
WWW 2 killed so many great genius.
Yeah just sack the workers to boost their earnings who cates what all those unemployees who have families and cae payments etc knit it ok cause they made $8million in orofits
The ownes took profit over innovation!
Well they make shavers, now but still Philips is still on the personal care department, all they need is to acquire the defunct Daewoo Electronics from South Korea now known as Winia as Philips could get back in track in the electronics game, to say so many Western Electronics companies at the time looked for cheap labor in Taiwan and South Korea back in the 1970s and 1980s even Philips made some products in South Korea.
1. Sell 40% Share 2 Ikea
2. Make Products 4 Ikea
3. Invest on Sound Industry
Make Mono Speaker wit Hi Res Amp (Not USB Powered)
1. Book Shelf Speaker wit 1 Speaker
2. Sound Bar wit 2 Speaker
No need of Woofer & Twitter
Stop making Home Theater
No1 wants Big Bulky Xpensive Speaker
Not any more
The Waffle House has found its New Host
Sounds like a financial restructuring