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Philips is a Dutch multinational conglomerate corporation founded in 1891, specializing in healthcare technology, consumer lifestyle products, and lighting solutions. The company is headquartered in Amsterdam, Netherlands, and operates globally with a diverse product portfolio. Philips has undergone significant transformations over the years, including divesting from its lighting and consumer electronics divisions to focus on healthcare and personal health products. The company is publicly traded on the Euronext Amsterdam stock exchange and has a secondary listing on the New York Stock Exchange. As of 2024, Philips reported revenues of €18.02 billion and employed approximately 68,419 people worldwide. The company is known for its innovation in medical equipment, home appliances, and lighting products, with a strong emphasis on sustainability and environmental responsibility.
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