**What is the new name of Philips?**

Philips, a household name in the world of electronics and healthcare, recently announced a major rebranding effort that left many wondering what the new name of the company would be. After much anticipation, the new name of Philips was revealed to be Signify. This change comes as part of a strategic decision to focus on the company's lighting division and align its brand identity with its core business.

The decision to rebrand as Signify reflects Philips' commitment to innovation and sustainability in the lighting industry. The name signifies the company's dedication to providing cutting-edge lighting solutions that are not only energy-efficient but also contribute to creating a more sustainable future. By choosing a name that embodies these values, Philips, now Signify, aims to solidify its position as a leader in the lighting market.

While the new name may take some time to resonate with consumers who have long associated Philips with a wide range of products, including healthcare devices and consumer electronics, the rebranding effort is a strategic move to streamline the company's brand portfolio and reinforce its commitment to sustainable lighting solutions. The name Signify is intended to convey a sense of purpose and direction, highlighting the company's focus on lighting technology and innovation.

As Signify continues to evolve its product offerings and expand its presence in the global market, the new name represents a fresh start for the company and a renewed emphasis on its core business. By choosing a name that reflects its values and vision for the future, Signify aims to carve out a distinct identity in the competitive lighting industry and build a strong brand presence that resonates with consumers worldwide.

In conclusion, the new name of Philips, now Signify, marks a significant milestone in the company's history and sets the stage for a new chapter of growth and innovation in the lighting industry. While the transition may take some time for consumers to adjust to, the rebranding effort signifies Philips' commitment to sustainability, innovation, and leadership in the global lighting market. As Signify continues to build on its legacy of excellence, the new name serves as a beacon of light, guiding the company towards a brighter and more sustainable future.