Koninklijke Philips N.V., simply branded Philips, is a Dutch multinational health technology and former consumer electronics company that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarters is still in Eindhoven. The company gained its royal honorary title in 1998. Philips was founded by Gerard Philips and his father Frederik, with their first products being light bulbs. Through the 20th century, it grew into one of the world's largest electronics conglomerates, with global market dominance in products ranging from kitchen appliances and electric shavers to light bulbs, televisions, cassettes, and compact discs. At one point, it played a dominant role in the entertainment industry. However in the 2010s the company began downsizing, selling its TV manufacturing, lighting, and home appliance units, eventually becoming a healthcare-focused company. As of 2024, Philips is organized into three main divisions: Diagnosis and Treatment, Connected Care, and Personal Health. Philips has a primary listing on the Euronext Amsterdam stock exchange and is a component of the Euro Stoxx 50 stock market index. Wikipedia