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 Consumer Lifestyle experimentally manufactured in 1925. In 1927, Philips began producing radios. Only five years later, Philips had sold one million of them. One other major product release came in 1963, when the Compact Cassette was introduced. After Philips Consumer Electronics acquired companies as Magnavox and Sylvania in the late 1970s, Philips managed to sell their 100-millionth TV-set in 1984. Philips still is the European television market leader, as well as the third in the world. Because of the enormous growth, Philips decided to split up their company divisions during the 1990s. While Philips CE contains most of the Consumer Electronics, other