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 The CD-i was abandoned by 1996 and was a commercial failure, estimated to have lost Philips as much as one US billion dollars in the American market. Philips at first marketed CD-i as a family entertainment product, and avoided mentioning video games to not compete against game consoles. Early software releases focused heavily on educational, music, and self-improvement titles, with only a few games, many of them adaptations of board games such as "Connect Four". However, the system was handily beaten in the market for multimedia devices by cheap low-end PCs, and the games were the best-selling software. By 1993