Rise and fall of Philips

5 years agoOpen For Voting

Philips, ones one of the biggest consumer electronics companies in the world with products in almost every market. From TV’s to vacuum cleaners and from computer chips to there own movie studio(PolyGram). Now Philips is just a shell of its former glory. Only there healthcare business is still left since the Philips lamps division was the last to split off in 2015. How did this ones glorious company rise to such prominence only to fall apart in the 21st century?