Philips Rise After Bankruptcy | Economic Documentary

Philips Rise After Bankruptcy - Tech Giant Philips was a powerhouse to be feared, having made its name as a lighting supplier. But fierce Asian competition, a lack of leadership and over-diversification nearly put out its lights. The documentary reveals how Philips innovated its way back to the top.

Philips Rise After Bankruptcy (2010)
Executive Producers: Sian Kevill, Edward Morgan
Genre: Documentary
Language: English
Country: United Kingdom
Also known as AKA Surviving The Brink

Synopsis:
Once one of the most recognisable names in electronics, Philips lost its way and its edge, losing billions over nearly two decades in the 1990s and 2000s. The 126-year-old company has regained its innovative spark and is once again changing lives, this time in healthcare.

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[samwang]

If Philips had done nothing but held on to its shares in ASML, TSMC, and NXP, it would still be one of the biggest companies in the world with a market cap of around USD500B!!! The real interesting question is why the Board chose to divest its crown jewels. Why didn't the Board see the value of the businesses they govern?

[MagiMys]

The documentary does an exceptional job of illustrating Philips' incredible reinvention. The blend of historical milestones and current advancements highlights the ultimate resilience and innovation of the company

[Luckystone]

The industrial giants with the background of innovative R&D, and with a couple of firsts, just cannot simply die.

[IndaloMan]

Worked in their telecoms division 40 years ago. Biz Class flights to locations in Holland, UK and USA. They had a fleet of Falcon jets with tail numbers PH-ILA to PH-ILZ which I flew all over Saudi Arabia in. #goodolddays

[amitghosh]

My great grandfather, grandfather, father and I all used Philips products bulb, radio, tv, CD player, electric iron. I don't want to see this noble brand die. The biggest blunder they did is selling their stake in ASML. Philips invented audio cassette player, developed CD tech jointly with Sony. Rise Philips rise👍

[vladracul]

Every Estern European loved 😍 PHILIPS.

[efaizariff]

Have been using Philips pressure cooker, coffee maker and hot boiling jug for years. Very good European brand.

[anthonyjoevalen]

Phillips raise after bankruptcy, it's amazing!

[khawarkhurshidahmedmalik]

I don't know whether to call it a great story of ''company reinvention thru finding a new market'' or a great story of ''public service thru a clever business model''. It could be called either, which is why I think, students of both Marketing & Politics would find it fascinating. I did and am grateful to makers of this documentary for educating me.

[rxieipl]

Congratulations. Wish all the best. Philips. We still preserve some of Philips products.

[alma]

Bought Phillips CD player in 2010. It broke after just 3 years. So I never bought any of their products again!

[manishmandal-]

It is not about embracing market changes. It is about cheap Chinese products.

[vinaygupta]

Great ! Phillips alive again and growing….

[carvajalricardoaz]

I really enjoy videos like this now, however, I’ve learned over time that many of these have serious errors in the narrative. Once I detect one serious enough to be one a sin for not fact-checking, I can’t trust the test of the video. At 3:05 you can hear: ““it may have been an American, Thomas Edison, who first invented the light bulb in 1879…”
That is incorrect. Edison (as well as Joseph Swan) developed upon pre-existing work that dates back to the turn of the 19th Century.
The light bulb could be called a cumulative effort, with several key names involved in drafting the process before Swan and Edison created the practical bulbs that paved the way to what we have today.

[BenvanBroekhuijsen]

I don't know how old this documentary is, but I miss AI in this vision. AI will be a huge factor in monitoring health of people. Even though AI is overhyped at the moment, it will make a huge impact on healthcare. Computers will be much more efficient at comparing information and detecting trends.

Let's hope they are not missing the boat again.

[dylanscalfscalf]

What was that Comercial at 13:47 with the plane flying towards the twin towers??? 😯

[Michael-vwrg]

It's seem's that Philips & Nokia have something in common??? They both didn't embrace new technology?? Ah well maybe they thought they were to good for that😂😂😂😂😂😂

[Layput]

The documentary tried to put in contents that are unnecessary. 10 minutes in and the story has yet to start.

[luisito]

In my opinion Philips has learned of current market which changed 20 years ago and they have adapted. It’s an example to reinvent us. Never it’s late therefore the winner is who adapts rapidly!!!

[DontCryAboutIt]

Their personal care products are excellent. Electronics were not cutting edge but high quality.