Philips Consumer Electronics is a part of Koninklijke Philips Electronics N.V. (usually known as Philips); and is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38.9 billion) and it employed 161,500 people in more than 60 countries. Other Philips divisions are: Philips Lighting, Philips Medical Systems, Philips Domestic Appliances and Personal Care. The Consumer Electronics division is the only P...
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Philips Consumer Electronics is a part of Koninklijke Philips Electronics N.V. (usually known as Philips); and is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38.9 billion) and it employed 161,500 people in more than 60 countries. Other Philips divisions are: Philips Lighting, Philips Medical Systems, Philips Domestic Appliances and Personal Care. The Consumer Electronics division is the only Philips division located in Amsterdam. In 2008, Philips Consumer Electronics was consolidated with Philips Domestic Appliances and Personal Care to create Philips Consumer Lifestyles.
While Philips' first product was manufactured in 1891, the first product that would fit in the Consumer Electronics division was a television, experimentally manufactured in 1925. In 1927, Philips began producing radios. Only five years later, Philips had sold one million of them. One other major product release came in 1963, when the Compact Cassette was...
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