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• Philips is a multinational company that manufactures and distributes consumer electronics, lighting, medical systems, domestic appliances and personal care products. Over decades of research and development, Philips innovations have led to breakthroughs in electronics such as CDs and Blu-ray.

• Fast Facts

  1. Stock symbol: PHG (NYSE)
  2. Annual revenue (2006): €26.976 billion
  3. Founder: Gerard Philips
  4. Year established: 1891
  5. Industry: Electronics
  6. Phone: (888) 744-5477 (consumer electronics)
  7. HQ: Amsterdam, Netherlands
  8. U.S. HQ: New York, NY
  9. CEO: Gerard Kleisterlee
  10. U.S. CEO: Paul Zeven
  11. U.S. CFO: Pam Dunlap
  12. Staff: 125,500 (2007)
  13. Products: consumer electronics, lighting, medical systems, domestic appliances
  14. Philips was a maternal cousin of Karl Marx

• Key Dates

  1. 1891: Philips founds company in Eindhoven, Netherlands
  2. 1914: Research laboratory opens
  3. 1918: Medical X-ray tube introduced
  4. 1927: Start producing radios
  5. 1939: First electric shaver
  6. 1963: Invents Compact Audio Cassette
  7. 1972: PolyGram record label is introduced
  8. 1974: Acquires Magnavox
  9. 1982: Introduces Compact Discs
  10. 2006: Introduces Blu-ray

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