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Koninklijke Philips N. V., headquartered in Amsterdam, the Netherlands, is one of the largest electronics groups in the world. Philips employs around 77,500 people in more than 100 countries.
The company's history dates back to 1891, when Gerard Philips opened his own light bulb factory together with his father Frederik Philips. In the meantime, the company's product portfolio includes not only lamps and light sources, but also household appliances and consumer electronics, as well as devices in the professional healthcare sector. Philips is a market leader in emergency medicine, cardiology and home healthcare, as well as in energy-efficient lighting solutions and smart home lighting. In addition, Philips is a leader in oral hygiene, shavers and personal care products for men.
Philips thus became the market leader with a highly diversified product portfolio.