Philips is an electronic brand from Dutch. It is among the largest electronic companies. It was founded in the year 1891 in Netherlands by Gerard Philips. It has its set up in Amsterdam. Philips has a wide range of products such as consumers’ electronics, lightning, domestic appliances, and medical systems. Philips was formed in many sections. Philips first productions were electric technical equipment and light bulbs. Its foremost factory has now become a museum that is dedicated to light sculpture. In the year 1920, Philips started manufacturing products such as vacuum tubes commonly known as ‘valves’. Later after a few years an electric razor was produced.

Philips had become very famous after launching the Stirling engine. Later Philips launched many more new products that attracted a lot of consumers. They launched the ‘audio cassette tape’, stenographers, portable radio, cassettes were introduced for answering machines, mass storage machine for personal computers, later mini and micro cassettes were introduced. In 1972, video recorder was launched. There was huge competition between Sony and Philips.

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