TP Vision, a privately owned company based in the Netherlands, was founded in 2012 and employs approximately 920 individuals in the computers and electronics manufacturing sector. The company specializes in developing, manufacturing, and marketing Philips-branded TV sets, serving markets across Europe, Russia, the Middle East, Brazil, Argentina, Uruguay, Paraguay, and selected countries in Asia-Pacific.
On September 8, 2026, Royal Philips signed a term sheet to transfer its remaining 30% stake in TP Vision, a television joint venture with TPV Technology, to a fully-owned subsidiary of TPV. The brand license agreement for Philips-branded TVs will remain in place, with the transaction allowing TPV to further integrate TP Vision into its TV business. Previously, on August 25, TP Vision announced a European partnership with Ubisoft, making Philips Ambilight TV the Official TV Partner for the Assassin’s Creed franchise across European markets until December 2027. This followed TP Vision’s Philips OLED Ambilight TVs winning two categories at the 2026-2027 EISA Awards on August 24, where the 65OLED+951 was voted EISA Premium OLED TV and the 55OLED811 received the EISA Best Buy OLED TV. Earlier, on July 13, TP Vision received 2026 Red Dot Product Design Awards for both Philips TV and Philips Sound products.