Re: hollowed-out trade mark
They only really do lights and healthcare. The Philips badge for TVs and AV licensed to two Asian companies, so less connection to that stuff than Argos has to Bush (Argos decide which Chinese/Turkish stuff to stick the Bush badge on).
Semiconductors spun off as NXP and now getting extinguished for the IP by Qualcomm, I mean bought.
No idea who does the kitchen stuff that used to be Philips, the tumble driers, fridge, freezer, washing machine.
In 1926 they only made light bulbs and diversified into Valves (tubes) then Radio. They were once the largest Consumer Electronics in Europe.