4 interesting facts about the company
1. Koninklijke Philips N.V. - Dutch company, whose activities are divided into three main areas: health care, lighting solutions and consumer products. The company holds leading positions in the development of equipment for cardiology, emergency care and home health care, in the field of energy-efficient lighting solutions and innovative lighting systems, as well as electric shavers and personal care products, devices and oral care products.
2. The history of Philips began in 1891, when Gerard Phillips, along with his father Frederic, founded Philips & Co in Eindhoven in the Netherlands. Initially, it was a small factory for the production of electric lamps with a staff of 10 people and a capacity of 100-200 lamps per day.
3. Today the concern PHILIPS ELECTRONICS NV is a transnational corporation that occupies the world's top position in the production of TVs and the third one is in the production of consumer electronics. Concern PHILIPS owns a 25% stake in the Danish company BANG & OLUFSEN, 32% stake in the German company GRUNDIG, a controlling stake in the Japanese company MARANTZ and French LA RADIOTECHIGUE, a 75% stake in the recording studio POLYGRAM.
4. In the United States, Philips is represented under the Magnavox brand.