Philips into two main divisions: Philips Consumer health and well-being (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care) and Philips Professional Healthcare (formerly Philips Medical Systems). The lighting division was spun off as a separate company, Signify N.V. (formerly Philips Lighting prior to 2018). The company started making electric shavers in 1939 under the Philishave brand, and post-war they developed the Compact Cassette format and co-developed the Compact Disc format with Sony, as well as numerous other technologies. As of 2012, Philips was the largest manufacturer of lighting in the world as measured by applicable revenues. Philips has
Philips CD-i that though Philips had a large booth at the 1995 Electronic Entertainment Expo, there was no CD-i hardware or software on display. "Next Generation" scored the console one out of five stars. After its discontinuation, retrospectively, the CD-i was overwhelmingly panned by critics who blasted its graphics, games, and controls. Microsoft CEO Bill Gates admitted that initially he "was worried" about the CD-i due to Philips's heavy support for the device and its two-pronged attack on both the games console and PC markets, but that in retrospect "It was a device that kind of basically got caught in the middle.