Koninklijke Philips Electronics N.V. (Royal Philips Electronics, commonly known as Philips) is a Dutch multinational electronics company headquartered in Amsterdam. It is one of the largest electronics companies in the world and employs around 122,000 people across more than 60 countries.
Today, the company is known for its expertise in three main areas, Healthcare, Consumer Lifestyle and Lighting and Innovation Group & Services. At one point, Philips was the largest manufacturer of Lights & Lighting components in the world.
By 1916, Philips began designing and manufacturing their own X-Ray glass tubes and have been a key player in the health tech field ever since.
Another area where the company saw rapid development and innovation was with consumer electronics. By 1927, Phillips began their production of radios and within five years, would become the world’s largest producer of radios and radio tubes.