Philips has consistently been at the forefront of technological evolution since its founding in 1891 by Gerard and Frederik Philips in Eindhoven. Initially focused on carbon-filament lamps, the company expanded into new sectors such as radios, compact cassettes, and later CDs in collaboration with Sony, shaping entertainment globally.

During World War II, Philips demonstrated resilience by secretly advancing research, contributing to radar technology. Post-war, the company introduced iconic innovations, such as the compact audio cassette in 1963.

The 1980s marked Philips' expansion into healthcare technology, driven by acquisitions that established them as leaders in medical imaging and patient care. By the late 20th century, their product diversification included Ambilight TVs and the development of DVDs and VHS formats, further embedding them into everyday life.

Strategic Shifts and Focus on Health: A New Chapter

Recognizing global trends, Philips transitioned from traditional electronics to health technology, spinning off Philips Lighting (now Signify) in 2016. This move allowed Royal Philips to focus on connected healthcare solutions, combining artificial intelligence and digital analytics to improve patient outcomes.

Commitment to Sustainability

In its modern era, Philips has committed to sustainability through carbon-neutral operations and circular economy practices. Their dedication to corporate responsibility underpins their innovation, ensuring they contribute to societal well-being alongside technological advancements.

Conclusion

Philips’ history showcases its ability to innovate while remaining adaptive to changing markets. From lighting and entertainment to health technology, Philips continues to shape the future, with a strong focus on improving lives through cutting-edge solutions and sustainable business practices.