CD player in 1970. Following litigation, Sony and Philips licensed Russell's patents (then held by a Canadian company, Optical Recording Corp.) in the 1980s. The Compact Disc is an evolution of LaserDisc technology, where a focused laser beam is used that enables the high information density required for high-quality digital audio signals. Prototypes were developed by Philips and Sony independently in the late 1970s. In 1979, Sony and Philips set up a joint task force of engineers to design a new digital audio disc. After a year of experimentation and discussion, the "Red Book" CD-DA standard was published in 1980. After their
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,