Philips Consumer Electronics
Overview
 
Philips Consumer Lifestyle is a part of Philips
Philips
Koninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....

 (Koninklijke Philips Electronics N.V.); which is one of the largest electronics
Electronics
Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...

 companies in the world. In 2005, its sales were
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

 30.4 billion
1000000000 (number)
1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....

 (US$38.9 billion) and it employed 161,500 people in more than 60 countries. Other Philips divisions are: Philips Lighting, Philips Healthcare, Philips Domestic Appliances and Personal Care. The Consumer Electronics division is the only Philips division located in Amsterdam
Amsterdam
Amsterdam is the largest city and the capital of the Netherlands. The current position of Amsterdam as capital city of the Kingdom of the Netherlands is governed by the constitution of August 24, 1815 and its successors. Amsterdam has a population of 783,364 within city limits, an urban population...

.
Encyclopedia
Philips Consumer Lifestyle is a part of Philips
Philips
Koninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....

 (Koninklijke Philips Electronics N.V.); which is one of the largest electronics
Electronics
Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...

 companies in the world. In 2005, its sales were
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

 30.4 billion
1000000000 (number)
1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....

 (US$38.9 billion) and it employed 161,500 people in more than 60 countries. Other Philips divisions are: Philips Lighting, Philips Healthcare, Philips Domestic Appliances and Personal Care. The Consumer Electronics division is the only Philips division located in Amsterdam
Amsterdam
Amsterdam is the largest city and the capital of the Netherlands. The current position of Amsterdam as capital city of the Kingdom of the Netherlands is governed by the constitution of August 24, 1815 and its successors. Amsterdam has a population of 783,364 within city limits, an urban population...

. In 2008, former Philips Consumer Electronics was consolidated with Philips Domestic Appliances and Personal Care to create Philips Consumer Lifestyle.

History

While Philips' first product was manufactured in 1891, the first product that would fit in the Consumer Electronics division was a television
Television
Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...

, experimentally manufactured in 1925. In 1927, Philips began producing radio
Radio
Radio is the transmission of signals through free space by modulation of electromagnetic waves with frequencies below those of visible light. Electromagnetic radiation travels by means of oscillating electromagnetic fields that pass through the air and the vacuum of space...

s. Only five years later, Philips had sold one million of them. One other major product release came in 1963, when the Compact Cassette
Compact Cassette
The Compact Cassette, often referred to as audio cassette, cassette tape, cassette, or simply tape, is a magnetic tape sound recording format. It was designed originally for dictation, but improvements in fidelity led the Compact Cassette to supplant the Stereo 8-track cartridge and reel-to-reel...

 was introduced.

After Philips Consumer Electronics acquired companies as Magnavox
Magnavox
Magnavox is a US electronics company founded by Edwin Pridham and Peter L. Jensen, who invented the moving-coil loudspeaker in 1915 at their lab in Napa, California. They formed Magnavox in 1917 in order to market their inventions....

 and Sylvania
Osram Sylvania
Osram Sylvania Inc. is the North American operation of lighting manufacturer Osram GmbH, which is owned by Siemens AG. It was established in January 1993, with the acquisition of GTE’s Sylvania lighting division by Osram GmbH....

 in the late 1970s, Philips managed to sell their 100-millionth TV-set in 1984. Philips still is the European television market leader, as well as the third in the world.

Because of the enormous growth, Philips decided to split up their company divisions during the 1990s. While Philips CE contains most of the Consumer Electronics
Consumer electronics
Consumer electronics are electronic equipment intended for everyday use, most often in entertainment, communications and office productivity. Radio broadcasting in the early 20th century brought the first major consumer product, the broadcast receiver...

, other products such as Philips' shaver
Shaver
Shaver means a person who shaves, or an object which shaves, a razor.It can also refer to:* a boy, as a slang term for shaveling* Shaver, California, former town in California* Shaver Creek, tributary of the Juniata River in Huntingdon County, Pennsylvania...

s were located under the Domestic Appliances division.

Major consumer electronics products

In 1963, Philips
Philips
Koninklijke Philips Electronics N.V. , more commonly known as Philips, is a multinational Dutch electronics company....

 introduced the Compact Cassette
Compact Cassette
The Compact Cassette, often referred to as audio cassette, cassette tape, cassette, or simply tape, is a magnetic tape sound recording format. It was designed originally for dictation, but improvements in fidelity led the Compact Cassette to supplant the Stereo 8-track cartridge and reel-to-reel...

.

In 1978, Philips introduced the laserdisc
Laserdisc
LaserDisc was a home video format and the first commercial optical disc storage medium. Initially licensed, sold, and marketed as MCA DiscoVision in North America in 1978, the technology was previously referred to interally as Optical Videodisc System, Reflective Optical Videodisc, Laser Optical...

 player, using technology invented in the 1960s.

In 1979, Philips introduced the Video 2000
Video 2000
Video 2000 was a consumer videocassette recorder system and analog recording videocassette standard developed by Philips and Grundig to compete with JVC's VHS and Sony's Betamax video technologies...

 system: a technically superior design, but a commercial failure.

In 1982, Philips launched the Compact Disc
Compact Disc
The Compact Disc is an optical disc used to store digital data. It was originally developed to store and playback sound recordings exclusively, but later expanded to encompass data storage , write-once audio and data storage , rewritable media , Video Compact Discs , Super Video Compact Discs ,...

 in partnership with Sony
Sony
, commonly referred to as Sony, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan and the world's fifth largest media conglomerate measured by revenues....

.

In 1991, Philips introduced CD-i
CD-i
CD-i, or Compact Disc Interactive, is the name of an interactive multimedia CD player developed and marketed by Royal Philips Electronics N.V. CD-i also refers to the multimedia Compact Disc standard used by the CD-i console, also known as Green Book, which was developed by Philips and Sony...

, the Compact Disc Interactive system which was sold in the interactive kiosk market with some models featuring video game related content.

In 1992, Philips launched the ill-fated Digital Compact Cassette
Digital Compact Cassette
Digital Compact Cassette was a magnetic tape sound recording format introduced by Philips and Matsushita in late 1992 and pitched as a successor to the standard analog cassette. It was also a direct competitor to Sony's MiniDisc but neither format toppled the then ubiquitous analog cassette...

 format.

In 1997, Philips released the first DVD
DVD
A DVD is an optical disc storage media format, invented and developed by Philips, Sony, Toshiba, and Panasonic in 1995. DVDs offer higher storage capacity than Compact Discs while having the same dimensions....

, in partnership with Sony
Sony
, commonly referred to as Sony, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan and the world's fifth largest media conglomerate measured by revenues....

 and Toshiba
Toshiba
is a multinational electronics and electrical equipment corporation headquartered in Tokyo, Japan. It is a diversified manufacturer and marketer of electrical products, spanning information & communications equipment and systems, Internet-based solutions and services, electronic components and...

.

In 2004, Philips introduced Ambilight
Ambilight
Ambilight, which is short for Ambient Lighting Technology, is a feature invented by Philips Electronics, generating light effects around the TV that correspond to the video content. The effect, the company claims, is a larger virtual screen and a more immersive viewing experience. In addition,...

, a feature which combines television
Television
Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...

 and lighting technology.

In 2006, Philips together with Sony introduced the Blu-Ray.

The company still receives royalties
Royalties
Royalties are usage-based payments made by one party to another for the right to ongoing use of an asset, sometimes an intellectual property...

for every DVD and Blu-Ray manufactured http://news.bbc.co.uk/1/hi/magazine/4330826.stm.

General


CE Product departments

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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