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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.
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]
Respironics is an American medical supply company owned by Philips that specializes in products that improve respiratory functions. It is based in the Pittsburgh suburb of Murrysville in Pennsylvania, United States. Some of its products had hazardous foam that disintegrated and entered patients' bodies.
Originally located at 79 Washington Street in Brooklyn, New York, Amperex was a long-established manufacturer of transmitting tubes when they were acquired by the Dutch firm, Philips, (known more widely as Norelco in the US), around 1955. Philips continued to improve and enlarge the tube plant in New York, but also used the Amperex name to ...
Starting in the early 1990s, some Philips electronics were marketed under the brand name "Philips Magnavox", in an attempt to increase brand awareness of the Philips name in the United States. While it did work to a degree, it also caused confusion to the consumer as to the difference between "Philips Magnavox" products and "Philips" products ...
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In 2021, Philips sold their Domestic Appliances business to Hillhouse Investment, a Chinese private-equity firm controlled by entrepreneur Zhang Lei, for €3.7 billion (US$4.37 billion). As part of the deal, the new company received the right to use the Philips brand name for consumer electronics for a period of 15 years following the deal, at ...
Philips Norelco is the American brand name for electric shavers and other personal care products made by the Consumer Lifestyle division of Philips. [1] [2] For personal care products marketed outside the United States, Palau, Micronesia, and the Marshall Islands, Philips used the Philishave trademark until 2006. Philips then dropped that name ...