Philips globally, the scale advantages of the Japanese proved insurmountable and Philips withdrew the V2000 system and joined the VHS Coalition. Philips had developed a LaserDisc early on for selling movies, but delayed its commercial launch for fear of cannibalizing its video recorder sales. Later Philips joined with MCA to launch the first commercial LaserDisc standard and players. In 1982, Philips teamed with Sony to launch the Compact Disc; this format evolved into the CD-R, CD-RW, DVD and later Blu-ray, which Philips launched with Sony in 1997 and 2006 respectively. In 1984, the Dutch Philips Group bought out nearly a one-third
Philips the set was disappearing. Approximately 150 of these sets were eventually produced. In parallel with the generator set Philips developed experimental Stirling engines for a wide variety of applications and continued to work in the field until the late 1970s, though the only commercial success was the 'reversed Stirling engine' cryocooler. However, they filed a large number of patents and amassed a wealth of information, which they later licensed to other companies. The first Philips shaver was introduced in the 1930s, and was simply called Philishave. In the US, it was called Norelco. The Philishave has remained part of the