The company was founded in 1981 in Eindhoven by Gerard Philips and his father frederik. It is one of the largest electronic companies in the world and the employs of the companies are around 122,000 people across more than 60 countries. Philips is organized into three main divisions that is:
Philips consumer lifestyle (formerly Philips consumer electronics and personal care)
Philips healthcare (formerly Philips medical systems)
Philips lighting (now in 2012 world's largest manufacturer of lighting) Philips products are:
Consumer electronic and electrical products(including televisions, small domestic appliances and shavers)
Healthcare products(including Ecg Equipment, X-ray equipments,MRI scanners, monitering equipments)
Lighting products(including automotive lighting, lamps and lighting products)
