Philips
Philips, officially known as Koninklijke Philips N.V., is a diversified global technology company headquartered in the Netherlands. It was founded in 1891 by Gerard Philips and his father Frederik in Eindhoven, initially focusing on the production of light bulbs. Over the decades, Philips has expanded its product range and innovation capabilities, evolving into a conglomerate with interests in healthcare, consumer lifestyle, and lighting. The company has played a significant role in the development and commercialization of various important innovations, including the compact disc (CD), the cassette tape, and medical imaging equipment. Today, Philips is particularly renowned for its advancements in healthcare technology, focusing on diagnostic imaging, patient monitoring, and health informatics. The transformation of Philips into a health technology company reflects its commitment to improving people's lives through meaningful innovation.
