Philips 2004 Annual Report Download - page 172

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35 Information relating to product sectors and main countries
Philips’ internal organization and internal reporting structure is organized in compliance with
SFAS No. 131. As a result, the following product sectors are distinguished as reportable
segments: Medical Systems, Domestic Appliances and Personal Care, Consumer Electronics,
Lighting, Semiconductors and Other Activities.
Included in sales by main country are the worldwide sales by consolidated companies to third
parties within that country.
The investment in and performance of unconsolidated companies had a major impact on the
total assets of the Group by sector.
Medical Systems
Philips Medical Systems is a supplier of medical imaging modalities and patient monitoring
systems and associated IT systems. The product range includes technologies in X-ray,
ultrasound, magnetic resonance, computed tomography, nuclear medicine, positron emission
tomography, patient monitoring, resuscitation products and healthcare information
management, as well as a comprehensive range of customer support services.
Domestic Appliances and Personal Care
This division markets a wide range of products in the following areas: shaving & beauty (shavers,
trimmers, etc.), oral healthcare (electric toothbrushes), home environment care (vacuum
cleaners, air cleaners, steam irons, fans, etc.) and food & beverage (mixers, coffee makers,
toasters, etc.).
Consumer Electronics
This division is a provider of connected displays, home entertainment hubs and networks, and
mobile infotainment. The product range includes: TV products such as Flat TV (LCD, Plasma);
conventional TV and projection TV; video products such as Home Theatre in a Box; DVD,
DVD+RW; audio systems, separates and portables; LCD and CRT computer monitors; mobile
phones and cordless digital phones; set-top boxes; and accessories such as headphones and
recordable media.
Lighting
The Lighting division consists of four lines of business – Lamps; Luminaires; Automotive, Special
Lighting & UHP; and Lighting Electronics. A wide variety of applications are served by a full
range of lamps, fixtures, ballasts and lighting electronics. Philips Lighting, along with Lumileds
Lighting, the venture with Agilent Technologies, is spearheading the development of new
applications using LED technology, both in the home and in the wider outside environment.
Semiconductors
Philips Semiconductors is a provider of silicon solutions for ‘Connected Consumer’ applications
in the consumer, communications, automotive and computing markets.
171Philips Annual Report 2004