Philips was Founded in 1891, as Royal Philips Electronics group based in the Netherlands that specialised in healthcare, lighting and consumer products.
Philips participated in the first tests of television sets in 1925, and by 1984 over 100 million Philips televisions had been made. Currently Philips is active in roughly 60 countries and employs around 119,000 employees. The Philips brand focuses its products on innovation, well-being and simplicity. In 2011 Philips forged a relationship with Taiwanese brand TPV Technology Limited a joint venture that now provides design, manufacturing, distribution, marketing and sale of Philips flatscreen televisions.