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Gerard Philips (1858–1942), founder. The Philips Company was founded in 1891, by Dutch entrepreneur Gerard Philips and his father Frederik Philips. Frederik, a banker based in Zaltbommel, financed the purchase and setup of an empty factory building in Eindhoven, where the company started the production of carbon-filament lamps and other electro-technical products in 1892.
North American Philips Corporation built a 40,000 sq ft (3,700 m 2) plant at 100 Providence Pike, North Smithfield, Rhode Island (Slatersville) on a 15-acre (61,000 m 2) plot in 1959. The 15-acre property is recorded by the Town of North Smithfield Tax Assessor as Lot No. 60 on Plat No. 4, and Lot No. 385 on Plat No. 5.
Signetics Corporation was an American electronics manufacturer specifically established to make integrated circuits. [1] Founded in 1961, they went on to develop a number of early microprocessors and support chips, as well as the widely used 555 timer chip. The company was bought by Philips in 1975 and incorporated in Philips Semiconductors ...
Magnavox (Latin for "great voice", stylized as MAGNAVOX or sometimes Magnavox in Australia) is an American electronics company. It was purchased by North American Philips in 1974, [1] which was absorbed into Dutch electronics company Philips in 1991.
NXP Semiconductors N.V. (NXP for Next eXPerience) is a Dutch semiconductor manufacturing and design company with headquarters in Eindhoven, Netherlands. [2] It is the third largest European semiconductor company by market capitalization as of 2024. [3]
In 1995 Philips Electronics North America Corp. fully acquired BTS Inc., renaming it Philips Broadcast-Philips Digital Video Systems. The BTS Inc.'s Darmstadt factory in Germany was near the Darmstadt Train Station and European Space Operations Centre this was later moved a short distance to Weiterstadt, Germany.
1975 Standard Radio Corp. changes its name to Marantz Japan Inc. 1980 Superscope sells the Marantz brand, dealer network, and all overseas assets (except U.S. and Canada) to Philips Electronics; 1983 Marantz's audio enhancement technology (Marantz Enhanced Digital Stereo) is introduced; 1992 Philips acquires U.S. and Canada trademarks and ...
On December 20, 2006, Philips Business Electronics International B.V. sold its shares of common stock in FEI Company reducing its shareholding in FEI to zero. In May 2011, the company announced a second straight quarter of record revenue and profits, with the company totaling nearly $200 million in revenue for their second quarter. [ 7 ]