How Philips nearly went bankrupt | Inside The Storm | Full episode

It looks like every major company was in trouble in the 90’s

Philips dominated my childhood and youth. Now they are virtually invisible. I was wondering why.

Basically lighting > consumer electronics > healthcare systems. 16:30 Korean wave. 22:15 Company split.

25:44 "it looks like a mess because it's actually used", sounds like my a/v setup in my apt.!

"... even to Indonesia." Well, it was a Dutch colony, at the time. How people forget, with the passage of time.

You keep showing the tv business in the beginning but failed to mention what became of it after the company's major split into lighting and healthcare.

3:04 Edison didn't invent light bulb. He improved previous designs and made first practical light bulb for mass production.

Philips Radio did not have daily programs. The programs from 1928 to 1934 were only a couple a times a week in Dutch, English, Spanish and French.

In 2020, I bought 2 Philips LED 'smart' TV sizes 65 and 50 inches. They are priced lower than those made by Sony, Toshiba, Samsung, and LG. As soon I bought them, I found out Philips TVs that I bought are anything but smart. They are very slow, barely able to use apps (like Netflix), resolutions are lower than advertised. I later need to buy an LG TV to satisfy display my PS5 resolution. Buying Philips products was one of my biggest regret ever !! Definitely the first and last Philips I will ever buy

The quality of Philips appliances went downhill once they started manufacturing in China. The plastic is very thin. They do not last. I had a Philips hairdryer made in the Netherlands in the 1960s. It only stopped working properly a month ago.

Philips started the digital Revolution - RESPECT

I wish Philip's electronics would've gone to South Africa and have regional offices and manufacturing plants down there and possibly.....open up a professional soccer or AKA a football team and call it PSV Johnansberg..just like the PSV Eindhoven

I remember when Phillips was partnered with Magnavox in the late ‘90s. Almost everyone had a Phillips Magnavox portable CD 💿 player. Now I rarely ever even see Phillips electronics for sale. Maybe they’ve put America as a lower priority in the past 10 years.

from this video, i not convinced they will make it in future

Light bulbs. They still make the best light bulbs, certainly for automotive applications.

Philips was on the forefront of consumer digital audio technology and innovation (eg. CD, S/PDIF, etc), competing with major Japanese companies like Sony, Mitsubishi and Toshiba in that arena.

Their consumer products are horrible! Everything is a rebranded version of the cheapest possible OEM. HELL TO THE NO.

Still have old Phillips TV in my room and they held up till today.

I could remember one of their slogans.......Phillips...we invented the CD

If you think about it, it's perhaps not so out of character to be in healthcare. Light bulbs became essential as well. Consumer electronics are perhaps the deviation. Still, I don't like that you can still buy a hifi system or a TV with the name "Philips" on it, while it's not really a Philips. But hey, I'm Dutch, and in the nineties I was a Philips geek if there ever was one. It does make me sad to think that, not only is all of that gone, but also, things like DCC did not make it when they had a chance. So much brainpower but it just didn't appeal to people. Still, listen to an MP3 and you are listening to a codec that was built upon the DCC technology (PASC). There is some heritage.