While customers' needs are at the core of the organizational changes, specifiers, lighting designers, agents, distributors, and installers will remain essential to the Philips ecosystem. Philips' vertical integration, combined with customer insights, uniquely position the company to understand market drivers, staying ahead of the industry, while helping partners capture the growth opportunities.
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Forum Media917-741-5147 About Royal Philips Electronics Royal Philips Electronics (NYSE:PHG) (AEX:PHIA) is a diversified health and well-being company, focused on improving people's lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2011 sales of EUR 22.6 billion and employs approximately 122,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming, home and portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter . This information was brought to you by Cision http://www.cisionwire.com http://www.cisionwire.com/forum-media/r/philips-lighting-re-aligns-north-american-organization,c9361461