philips Components

Philips was founded in 1891 by Anton and Gerard Philips, in Eindhoven, the Netherlands. The company began to grow by manufacturing carbon-filament lamps. The current Chief Executive Officer of Philips is Frans van Houten. They have 114,500 employees working worldwide in several offices. Their total revenue for the fiscal year of 2010 totals $25.42 billion dollars. They are one of the electronics industry leaders who produce consumer electronics, domestic appliances, lighting, medical systems, and medical technology. As of 2010, the company does not try to be innovative in consumer electronics through fundamental research however still make sure to improve their consumer lifestyle products.