Inspired by the fast-growing electricity industry and the promising results of son Gerard’s own experiments to make reliable carbon filaments, in 1891 Frederik Philips financed the purchase of a modest factory in Eindhoven.
Philips began by making carbon-filament lamps and quickly became one of the largest producers in Europe. From the outset, Philips was an export-oriented company. In 1912, Philips became a limited company, with publicly traded shares, listed on the Amsterdam Stock Exchange.
Subject ID: 24671
MoreInspired by the fast-growing electricity industry and the promising results of son Gerard’s own experiments to make reliable carbon filaments, in 1891 Frederik Philips financed the purchase of a modest factory in Eindhoven.
Philips began by making carbon-filament lamps and quickly became one of the largest producers in Europe. From the outset, Philips was an export-oriented company. In 1912, Philips became a limited company, with publicly traded shares, listed on the Amsterdam Stock Exchange.
In 1916, Philips received royal recognition on its 25th anniversary. Two years later it introduced a medical X-ray tube. This marked the point when the company began to diversify its product range with patents in areas stretching from X-ray radiation to radio reception.
Subject ID: 24671
Subject ID: 24671