Philips Consumer Communications
Encyclopedia
Philips Consumer Communications, L.P. was a $2.5 billion joint venture of Lucent Technologies
and Royal Philips Electronics
formed on October 7, 1997. Philips owned 60% of the joint venture, with Lucent owning the other 40%.
Company (a.k.a PCC) was spread worldwide, with branches in more than 100 countries, including the US, Latin America, Asia-Pacific and Europe.
As soon as the venture was announced, telecom market all over the world was blown by the potential of the newcomer, which was predicted to become one of the major players in business.
The company consisted of the communications equipment businesses of the companies. Both companies made products in the venture, often not sold under their own names. Philips Consumer Communications produced the following equipment:
Eventually, all telecommunications products made in the venture would have been sold under the Philips brand. All products made in the venture were always denoted "Custom Manufacutured in Mexico by Philips Consumer Communications".
In 1998, Lucent and Philips announced it would dissolve its joint venture. Both companies retained their holdings in the joint venture.
PCC was headquartered in Parsippany, New Jersey.
Lucent Technologies
Alcatel-Lucent USA, Inc., originally Lucent Technologies, Inc. is a French-owned technology company composed of what was formerly AT&T Technologies, which included Western Electric and Bell Labs...
and Royal Philips Electronics
Philips
Koninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....
formed on October 7, 1997. Philips owned 60% of the joint venture, with Lucent owning the other 40%.
Company (a.k.a PCC) was spread worldwide, with branches in more than 100 countries, including the US, Latin America, Asia-Pacific and Europe.
As soon as the venture was announced, telecom market all over the world was blown by the potential of the newcomer, which was predicted to become one of the major players in business.
The company consisted of the communications equipment businesses of the companies. Both companies made products in the venture, often not sold under their own names. Philips Consumer Communications produced the following equipment:
- digital/analog cellular phones - sold under PhilipsPhilipsKoninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....
brand - corded/cordless phones - sold under AT&TAT&TAT&T Inc. is an American multinational telecommunications corporation headquartered in Whitacre Tower, Dallas, Texas, United States. It is the largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services...
brand - answering machines - sold under AT&TAT&TAT&T Inc. is an American multinational telecommunications corporation headquartered in Whitacre Tower, Dallas, Texas, United States. It is the largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services...
brand - screen phones - sold under Philips brand
- pagers/cellular telephones - sold under both Lucent/Philips brands
Eventually, all telecommunications products made in the venture would have been sold under the Philips brand. All products made in the venture were always denoted "Custom Manufacutured in Mexico by Philips Consumer Communications".
In 1998, Lucent and Philips announced it would dissolve its joint venture. Both companies retained their holdings in the joint venture.
PCC was headquartered in Parsippany, New Jersey.