Certain product categories become less attractive for us because, as they become mature, they become low-cost, and hence, there is less to invent. There is less to invent in a television, whereas in heath technology, there is a lot to invent. So we wanted to put our innovative power to work where it really matters.

Our health underpins our happiness and is a foundation of economic advancement.

If we can keep you healthy, that is better. If you fall sick, you go to the hospital. Both sides, Philips is present.

Frans van Houten Quotes