I applied through an employee referral. The process took 6 weeks. I interviewed at Philips in Dec 2011
Interview
First round was a phone interview with the HR recruituer. Second round was a 30 minute 1:1 interview with hiring manager, followed by an hour panel interview. Interviews contained general questions and behavioral questions. It is very helpful to have detailed questions to ask the interviewers at the end of the interview. Final round was 30-40 minute presentation and some follow-up questions. It took a while to hear back about the team's decision. I placed several phone calls/emails with the recruiter before I received an answer.
Interview questions [1]
Question 1
Tell me what you would take into account when pricing a product.