Koninklijke Philips Electronics N.V. (Royal Philips Electronics Inc.), usually known as Philips, is one of the largest electronics companies in the world, founded and headquartered in the Netherlands.

In 2007, its sales were €26.79 billion and it employed 123,800 people in more than 60 countries.[1] Philips is organized in a number of sectors: Philips Consumer Lifestyle (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Philips Lighting and Philips Healthcare (formerly Philips Medical Systems).