Philips pretty much doesn't exist anymore, they have sold off most of their divisions one by one.
For example, a Philips monitor is now actually produced by TPV / MMD, who have an exclusive right to sell Philips-branded monitors. It's the same company making AOC and Envision.
They used to be a pretty good company, though! Its spinoffs are highly successful (NXP Semiconductors, Nexperia, ASML, parts of Thales, parts of Atos Origin), and it did create a boatload of innovations like the CD.
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Philips pretty much doesn't exist anymore, they have sold off most of their divisions one by one.
For example, a Philips monitor is now actually produced by TPV / MMD, who have an exclusive right to sell Philips-branded monitors. It's the same company making AOC and Envision.
They used to be a pretty good company, though! Its spinoffs are highly successful (NXP Semiconductors, Nexperia, ASML, parts of Thales, parts of Atos Origin), and it did create a boatload of innovations like the CD.