Video CD a few years later) on each side. The Laserdisc provided picture quality nearly double that of VHS tape and analog audio quality far superior to VHS. Philips later teamed up with Sony to develop a new type of disc, the compact disc or CD. Introduced in 1982 in Japan (1983 in the U.S. and Europe), the CD is about in diameter, and is single-sided. The format was initially designed to store digitized sound and proved to be a success in the music industry. A few years later, Philips decided to give CDs the ability to produce video, just like its
Philips was formed in the US with the name Philips Electronics North America Corp. In 1991-1992, Philips along with their subsidiary Magnavox, released the Philips CD-i, a combined CD player and home video game console. It sold one million units and was discontinued in 1998 after being heavily criticized amongst the gaming community. In 1997, the company officers decided to move the headquarters from Eindhoven to Amsterdam along with the corporate name change to Koninklijke Philips Electronics N.V., the latter of which was finalized on 16 March 1998. The move of the headquarters to Amsterdam was completed in 2001. Initially, the