Gerald Philips and Frederic Philips started the company back in 1891 as the Industrial Revolution was in full swing in Europe. Philips innovation changed the game and, within just a few years, it was... Gerald Philips and Frederic Philips started the company back in 1891 as the Industrial Revolution was in full swing in Europe. Philips innovation changed the game and, within just a few years, it was the biggest producer of light bulbs in the world. Since then, innovation has been the linchpin of the company, which now produces a wide array of technologies, from shavers and coffee makers to TVs and baby monitors.read more