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" Lumileds is a highly successful supplier of lighting components to the general illumination, automotive, and consumer electronics markets, with a strong customer base. "

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" I think, going forward, we need to be much more modest on expectations with regard to China growth: That's just being realistic. "

Frans van Houten

Think

Forward

Expectations

" You need to dismount when your horse is dead. What was relevant 20 years ago is no longer relevant today. Therefore, you need to reinvent yourself. "

" Waste does not exist in nature because ecosystems reuse everything that grows in a never-ending cycle of efficiency and purpose. "

" As humans, we've always innovated our way out of problems, whether it was the first torch to light a dark cave or the steam engine that sparked a revolution. "

" Government should create the environment and incentives to stimulate investment in sustainable innovation, take away barriers, and accelerate adoption, even in turbulent economic times. "

" Sometimes that Dutch consensus approach doesn't move you forward fast enough. "

" I remain convinced of the compelling case for connected care. "

" Crucially, healthcare needs to become connected. It should become effortless for medical professionals to share relevant data with colleagues around the world. Medical devices and systems in hospitals should be able to combine multiple sources of information. "

" Our myopic focus on producing and consuming as cheaply as possible has created a linear economy in which objects are briefly used and then discarded as waste. "

" Perhaps sooner than we think, African innovations will help the rest of the world create lasting social and economic value. "

" In Kenya, e-learning has taught 12,000 nurses how to treat major diseases such as HIV and malaria, compared to the 100 nurses a year that can be taught in a classroom. "

" We can't think in terms of designing products that we throw over the wall to customers, but instead, we need to design products that are upgradable and maintainable and that can be mined for materials and components that can be reused. "

" Health care has to be delivered as an integrated service across the entire continuum of care. This runs from healthy living and prevention to diagnosis and treatment and recovery and homecare. "

" Healthcare is a conservative marketplace. "

" We knew we could put the company on the right side of history by decisive transformative action and by redefining our purpose to improving people's lives through innovation. "

" If we are to ensure that healthcare remains affordable and widely available for future generations, we need to radically rethink how we provide and manage it - in collaboration with key health system partners - and apply the technology that can help achieve these changes. "

" We typically sell a catheter lab to a hospital, and it sits there for the next 10 years, and we don't visit the cardiologist on a daily basis. Volcano have a disposable business. They are in the cath lab on a daily basis. "

" We can only compete in the world against competitors from Asia, the United States, or wherever if we look at unmet needs. "

" How can we keep people healthy, and if they get sick, how can we treat them right the first time? "

" First and foremost, we must take a more holistic view of patient care journeys and then better integrate workflows and technology so that the care experience is seamless and provided at the location where it makes most sense. "

Frans van Houten

Care

Technology

" Healthy people are not very motivated to manage their health. They just don't care. "

" Genomics, Artificial Intelligence, and Deep Machine learning technologies are helping practitioners deliver better diagnosis and actually freeing up time for patient interaction. "

Frans van Houten

Deep

Intelligence

" There's much unlocked potential in Philips. "

" The entire dynamics of the lighting market are changing. Value is moving toward systems and services. "

" In an aging world with more chronic disease, health and healthcare are enormous opportunities that we want to focus on. "

" In the back of my mind was the nagging discussion: where do we take the portfolio? You can get rid of TV, fine, but then you are in lighting and in health, and those don't have a lot to do with each other. "

" We invented television and stuck with it for 50 years, and then I decided to get out of that. I would like people to know that we are broader than consumer electronics. "

Frans van Houten

Television

Years

" Poor diet and sedentary behaviour have led to an increase in obesity and lifestyle-related disease and a huge rise in chronic medical conditions. "

" We started experimenting with television in 1928. For a lot of people, Philips has a lot to do with TV. "

" The agreement to acquire Volcano significantly advances our strategy to become the leading systems integrator in image-guided therapies. "