Koninklijke Philips (which translates into English as "Royal Philips") is a Dutch multi-national conglomerate corporation with their headquarters here in Eindhoven. Philips is one of the largest electronics companies in the world, mostly focused in the area of health technologiy, with other business divisions being divested in the last several years.
It was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. The company started making electric shavers in 1939 under the Philishave brand, and post-war they developed the Compact Cassette format and co-developed the Compact Disc format with Sony, as well as numerous other technologies. As of 2012, Philips was the largest manufacturer of lighting in the world as measured by applicable revenues. The company currently employs 74,000 people in 100 countries. They used to be Philips Electronics but dropped the Electronics in 2013 with their refocus from consumer electronics to healthcare technology.
With its primary listing on the Euronext Amsterdam stock exchange, it is a component of the Euro Stoxx 50 stock market index. There is also a secondary listing on the New York Stock Exchange.
Today's experience with Philips comes from this delightful pair of hair clippers. With a pandemic underway and hair salons shut down, it was time to do what I could with this mop on my head. Off the Walmart where I made a calculated decision and bought this $55 unit that includes power cord and a selection of entirely too many guards. After a quick charge and going through the guards for the longest one, I did a decent cut. As good as I'd get from a professional? No. But I'm happy enough with it for now.
I'm not sure how much of their health technology I've encountered lately, but I'll be on the lookout.
[Review 13269 overall, 587 of 2020.] read more