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Philips is a Dutch multinational conglomerate 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. Over the years, Philips has undergone significant transformations, including divesting 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. In 2024, Philips reported revenue of €18.02 billion and employed approximately 68,419 people worldwide. The company is renowned for its innovations in medical equipment, household appliances, and lighting products, with a strong emphasis on sustainability and environmental responsibility.
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