Philips Electronics is a Dutch based electronics company. The corporation was founded in 1891 to provide consumer electronics, appliances, lighting, medical systems, and medical technology to the world. Philips Electronics is one of the largest electronics stores in the world today. The designs of Philips Electronics have changed over the years as advancements in technology have been made.
As an innovator Philips Electronics is one of the most important. They constantly look for new business concepts to expand their already huge empire. Over the years they have acquired many smaller companies like Amperex, Magnavox, Signetics, and Westinghouse. Philips is invested in several sports offering sponsorships and even naming rights. Abroad the company sponsors numerous sports clubs, facilities, and events.
Philips has a global reach. There are branches of their businesses in Australia, Brazil, China, India, Mexico, Poland, and the United Kingdom. This global reach has allowed Philips Electronics to continue to increase their designs for consumer use.
In 1951 the first major electronic by Philips was the Philishave, which was a two headed rotary shaver. In 1963 the compact cassette was introduced. Over the years Philips Electronics has offered the laserdisc player, Video 2000 system, Compact Disc, MSX home computer, CD-i interactive system, digital compact cassette, and Atari Jaguar’s CD add on. In the last few years the Senseo coffeemaker, Mirror TV, Blu Ray Disc, WOW VX, and Philips Intimate Massagers have been created. In 2009 they created the Cinema 21:9 widescreen mode for HDTV’s with an LCD display. They will continue working on new designs to advance their company.