Philips is a world-wide electronics company located in The Netherlands. Philips is (co-) inventor of Cassette Player, Tape Recorders and CD-Players. Philips has a large influence on the development of electronic gear in the World market.

Royal Philips Electronics is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 37.9 billion in 2000. It is a global producer of color television sets, lighting, electric shavers, color picture tubes for televisions and monitors, and one-chip TV products. Its 192,000 employees in more than 60 countries are active in more than 60 countries in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges.

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