Philips

Royal Philips is a Dutch company headquartered in Amsterdam. Gerard Philips and his father Frederik founded it in 1891 in Eindhoven to make light bulbs. The company reports in euros and holds many patents in imaging and monitoring. It operates in around 100 countries and works with hospitals, clinics and home care providers.

Today the company focuses on health technology. It sells diagnostic imaging systems, patient monitors, ultrasound machines and sleep and respiratory devices. It also sells consumer products such as electric toothbrushes, shavers and kitchen appliances.

Philips sold off its lighting arm as Signify in 2016 and its television business to a licensee. It faced a large recall of sleep apnea devices in 2021. The company is listed on Euronext Amsterdam and the New York Stock Exchange. The company is based in the Netherlands and has research sites in Eindhoven. It employs engineers and clinicians. Competitors include Siemens Healthineers and GE HealthCare.