"Koninklijke Philips N.V. (literally Royal Philips, commonly shortened to Philips) is a Dutch multinational conglomerate corporation that was founded in Eindhoven. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven.
Philips was formerly one of the largest electronics companies in the world, currently focused on the area of health technology, with other divisions being divested.
It was founded in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. It currently employs around 80,000 people across 100 countries. The company gained its royal honorary title in 1998 and dropped the "Electronics" in its name in 2013, due to its refocusing from consumer electronics to healthcare technology." - (en.wikipedia.org 10.08.2021)
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