Philips is actually related to Philips Hue in name only. Philips has been selling off all non-health-related businesses for years now. The Hue line is manufactured by Signify, which purchased the right to continue using the Philips name and branding. Similarly for batteries, monitors, etc. Philips is now focusing on ultrasound machines, MRIs, etc., as well as some products that are more related to personal health (air fryers, shavers, etc.).