Koninklijke Philips N.V. (literally Royal Philips, stylized as PHILIPS) is a Dutch multinational conglomeratecorporation headquartered in Amsterdam, formerly one of the largest electronics companies in the world, currently focused in the area of health technology, with other divisions being successfully divested.
It was once one of the largest electronic conglomerates in the world and currently employs around 74,000 people across 100 countries.
The Philips Company was founded in May 15, 1891, by Gerard Philips and his father Frederik Philips. Frederik, a banker based in Zaltbommel, financed the purchase and setup of an empty factory building in Eindhoven, where the company started the production of carbon-filament lamps and other electro-technical products in 1892. This first factory has since been adapted and is used as a museum.
In 1895, after a difficult first few years and near bankruptcy, the Philipses brought in Anton, Gerard's younger brother by sixteen years. Though he had earned a degree in engineering, Anton started work as a sales representative; soon, however, he began to contribute many important business ideas.
With Anton's arrival, the family business began to expand rapidly, results in the founding of Philips Metaalgloeilampfabriek N.V. (Philips Metal Filament Lamp Factory Ltd.) in Eindhoven in 1908, followed in 1912, by the foundation of Philips Gloeilampenfabrieken N.V. (Philips Lightbulb Factories Ltd.).
With developments in new lighting technology fueling a steady program of expansion, Philips established a research laboratory in 1914 – the world-renowned ‘NatLab’ – to study physical and chemical phenomena and stimulate product innovation.
The company started making electric shavers in 1939 under the Philishave brand, and post-war they developed the Compact Cassette format and co-developed the Compact Disc format with Sony, as well as numerous other technologies.
As of 2012, Philips was the largest manufacturer of lighting in the world as measured by applicable revenues.
Philips is organized into three main divisions: Philips Consumer Health, Well-being (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care) and Philips Professional Healthcare (formerly Philips Medical Systems). The lighting division was spun off as a separate company, Signify N.V. (formerly Philips Lighting prior to 2018).
Celebrating 153 years of National Woman Suffrage Association (May 15, 1869 - May 15, 2022)
160th Anniversary of United States Department of Agriculture (USDA) (May 15, 1862 - May 15, 2022)
According to en.wikipedia