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Re:ASML, a $300B Dutch firm, makes the machines that make se... by apexalpha on Monday August 23, 2021 @02:26AM (#28272838)
They used to be what Samsung or LG is today, but couldn't keep up after the 90s. They invented the CD and DVD but after that went into decline.

They have a consumer side that still does lightning (Philips Hue is pretty big) but mostly focus on healthcare such as MRIs and Ventilators.

Re:ASML, a $300B Dutch firm, makes the machines that make se... by poorna13 on Monday August 23, 2021 @03:13AM (#28273058)
Lighting has also been spun off into a separate company (https://www.signify.com/global) which has a license to produce Philips branded products - similar to the TPVision - Philips TV arrangement. Philips itself is fully focused on healthcare these days (and some consumer adjacencies like Toothbrushes and Baby care stuff).