Founding of Philips | Techday, May 15th
On this TECHDAY in history, on May 15th 1891, Koninklijke Philips N.V. (in Dutch literally ‘Royal Philips’, usually shortened to Philips), a nowadays multinational conglomerate corporation, was founded by Gerard Philips in Eindhoven, Netherlands.
Over the years, Philips has grown into a multinational corporation with a diverse range of products and services. These include consumer electronics, healthcare, lighting, and more. It used to be one of the largest electronics company in the world. Currently it is focusing on health technology divisions, having divested from other areas.
Philips has always committed to improving people’s lives through innovative technology and design. The company has a strong focus on sustainability and social responsibility, and it has a long history of philanthropy and corporate social responsibility initiatives.
Today, Philips is a global leader in the healthcare, consumer lifestyle, and lighting industries, with a presence in over 100 countries. The company continues to innovate and push the boundaries of technology. It focuses on creating products and solutions that make a positive impact on people’s lives.
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