Philips Consumer Lifestyle created for Laserdisc would later be used again for the Compact Disc. Although Philips' and MCA's Laserdisc project never reached the VHS mass market level, Philips still thought the format should be able to succeed, and, in collaboration with Sony, launched the smaller CD in 1982. The DVD (Digital Versatile Disc or Digital Video Disc), the eventual successor of the CD (Compact Disc), met a long road of setbacks. Philips wanted to continue with the CD in a new format called "MultiMedia Compact Disc" (MMCD), while another group (led by Toshiba) was developing a competing format, then named "Super Density"
Philips Computers had and has moderate success selling peripherals such as mice, keyboards and optical devices. Philips also sold and sells computer media such as diskettes and optical media (CD)s. Philips also developed the CD-i standard but it flopped. Another experimental product was the , based on Intel's 80186. It also flopped. Philips PCs were mostly equipped with motherboards designed by Philips Home Electronics in Montreal, Canada. In the late 1990s Philips Pentium PCs were sold based on generic components and cases. These were not proprietarily designed and produced. Philips had a subsidiary that sold the PCs under the Vendex brand: HeadStart.