Super Video CD Technology. High-Quality Video CD (HQ-VCD), developed by the Video CD Consortium (consisting of Philips, Sony, Matsushita and JVC — creators of the original Video CD specification) was a relatively late entry. The Chinese Ministry of Information and the Video CD Consortium agreed to join forces, incorporating the features of HQ-VCD under a unified SVCD format. But by the time the SVCD specification was ready in July 1998, CVD had already been adopted by major manufacturers and had quickly established a significant installed base of about 600,000 players. This prompted the Chinese government to force a compromise between the competing standards
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,