Koninklijke Philips Electronics N.V. (Royal Philips Electronics N.V.), usually known as Philips, (, ) is one of the largest electronics companies in the world. In 2004, its sales were € 30.3 billion (US$38.7 billion) and it employed 159,709 people in more than 60 countries. Philips is organized in a number of divisions: Philips Consumer Electronics, Philips Semiconductors, Philips Lighting, Philips Medical Systems and Philips Domestic Appliances and Personal Care.
As a chip maker, Philips Semiconductors is among the Worldwide Top 20 Semiconductor Sales Leaders.
It is also believed that Philips - both before and during the war - supplied enormous amounts of electric equipment to the German occupation forces, which has led some people to think that the company collaborated with the Nazis , like many other firms in their day. However, there is no evidence to suggest that Philips itself or its management ever sympathized with the Nazis or their ideologies. The only Philips family member who did not leave the country, Frits Philips, saved the lives of 382 Jews by indicating to the Nazis that they were indispensable for the production process at Philips. In 1996, he was awarded the Yad Vashem reward by the Israeli ambassador for his actions. Clearly, there is little Philips could have done to prevent the Germans from abusing their production facilities and forcing their employees to perform slave labor during the occupation. The production facility in Eindhoven was the only Dutch target that was deliberately bombed by the allied forces during the war.
In 1891, Gerard Philips founds Philips in Eindhoven.
In 1963, Philips introduced the Musicassette, or "compact audio cassette".
In 1978, Philips introduced the laserdisc player, using technology invented already in the 1960s.
In 1978, Philips introduced the Philips G7000, a videogame console that was released in the US as the Magnavox Odyssey².
In 1979, Philips introduced the Video 2000-system: a technically superior design, but a commercial failure.
In 1982, Philips launched the compact disc in partnership with Sony.
In 1991, Philips introduced the disastrous CD-i, the Compact Disc Interactive system which had many video-game console-type features.
In 1992, Philips launched the ill-fated Digital Compact Cassette format.
In 2001, Philips successfully launched the Senseo coffeemaker, first in the Netherlands and from 2002 onwards, in other countries across Europe. It produces coffee by brewing from custom-made pads containing coffee grounds. The original Senseo pads are produced by Douwe Egberts. The Senseo has been available in the US since 2004.
In 2004, Philips abandoned the slogan "Let's make things better" in favour of a new one: "Sense and Simplicity".
ASM Lithography is a spin-off from a division of Philips.
The company receives a royalty on every DVD manufactured *.
Imaging Systems
Defibrillators
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Diagnostic Monitoring
Patient Monitoring
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Philips also owns the naming rights to Philips Arena in Atlanta and to the Philips Championship the premier basketball league in Australia, which is traditionally known as the National Basketball League.
In 1913, to celebrate the Dutch 100 years of independence from France, Philips founded a sports club for its employees. The club was called Philips Sport Vereniging, or PSV Eindhoven, as it is now known.
Since the Football World Cup 1978 in Argentina, Philips has been the official sponsor of the FIFA World Cup*
Philips has many different divisions in many different countries.
Philips in the United Kingdom has its headquarters in Guildford, Surrey. The concern employs over 2500 people nationwide.
In the past, Philips UK also included
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