Philips

Philips, officially known as Koninklijke Philips N.V., is a Dutch multinational conglomerate founded in 1891 by Gerard Philips and his father Frederik. Initially, the company focused on producing light bulbs but has since evolved into a leading health technology firm. Philips' primary activities now include the development and manufacturing of diagnostic imaging systems, patient monitoring, and consumer health products. The company underwent significant transformations over the decades, notably spinning off its lighting and consumer electronics divisions to focus on healthcare and medical technology. Philips has positioned itself as a key player in the healthcare industry, emphasizing innovations in areas like connected care and personal health. Philips' impact is notable in the medical field, as it contributes to advancements in health technology and patient care. Its global presence and commitment to sustainability and innovation have made it a respected name worldwide.