Philips has undergone changes over the years to adapt to competition and focus on its core business. It closed less profitable factories and non-core units, and shared R&D expenses. While its "Let's Make Things Better" campaign was successful, Philips did not stop at one milestone and emphasized how technology can benefit people's lives without hassle. Through comprehensive market research and effective repositioning for its target market, Philips' new campaign aims to double its outreach by 2025.