Royal Philips Electronics is a Dutch electronics company founded in 1891. It is now one of the world’s biggest electronics companies, and is organised into three main divisions: Philips Consumer Lifestyle, Philips Healthcare and Philips Lighting. 

Moving HQ to HK always a good idea

When a Japanese company did it in 1989, polite people described the chairman as 'eccentric'.

When a Korean and a Dutch company did the same thing 10 years ago, the Hong Kong media queried the sanity of their senior management.