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 Consumer Lifestyle Philips Consumer Lifestyle Philips Consumer Lifestyle, (stylized as PHILIPS) is a division of the Dutch multinational electronics company Philips which produces consumer electronics and small appliances. It is the only Philips division headquartered in Amsterdam, the Netherlands. The Americas division is headquartered in Stamford, Connecticut. Philips Consumer Lifestyle was formed in 2008 from the merger of Philips Consumer Electronics and Philips Domestic Appliances and Personal Care. Philips receives royalties from the sale of every CD, DVD and Blu-ray. While Philips' first product was manufactured in 1891, the first product that would fit in the Consumer Electronics division was a television,