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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.
After Philips Consumer Electronics acquired companies as Magnavox and Sylvania in the late-1970s, Philips managed to sell their 100-millionth TV-set in 1984. Throughout the 1990s, increasing competition from East Asian manufacturers (initially Japanese, then Korean and Chinese) led to a general erosion in market share, particularly in ...
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The Lighting division was part of the first activities of Philips, that started in 1891 with an incandescent lamp factory in Eindhoven, the Netherlands.. In September 2014, Philips announced that the company intended to split the company into two market-leading entities, one focused on health and medical technology and the other on connected LED lighting.
Philips was the original driving force behind the establishment of High Tech Campus Eindhoven. At the end of the 1990s, the R&D activities of the company were spread right across the city of Eindhoven. In 1998, Philips established the Philips High Tech Campus to act as a single location for all its international R&D activities. [6]
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