Philips with a new name later this year

Philips Lighting apparently plans to change the name of the company and will announce it by the end of June 2018 at the latest.

As the head of Philips, Eric Rondolat, said at the last press conference, of course we will continue to use the Philips brand, as we have a brand license agreement for the next decade.

There was no further indication of what the name would be, except perhaps that the change is meant to express the importance of information technology and service orientation.