a friend woirked in Philips HK for a couple years… he has some interesting products in his portfolio, similar to the kinds of work that you’d get at a consultancy (Philips Mp3 players, speakers, medical, etc. ). I’d imagine that you’d get to follow the products through to manufacture like most corps as well and make sure the final product was as perfect as possible
Also, around 2000 I interviewed at Philips Paris and believe that satellite studio was working for Philips as well as outside clients, kind of like an in-house consultancy.