The lighting division was spun off as a separate company, Signify N.V. Philips is organized into three main divisions: Personal Health (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Connected Care, and Diagnosis & Treatment (formerly Philips Medical Systems). The company gained its royal honorary title (hence the Koninklijke) in 1998 and dropped the "Electronics" in its name in 2013, due to its refocusing from consumer electronics to healthcare technology. It currently employs around 80,000 people across 100 countries. The company was founded in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. Philips was formerly one of the largest electronics companies in the world, but is currently focused on the area of health technology, having divested its other divisions.
Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven.
'Royal Philips'), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891.
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