Philips was started in 1891 by Gerald Philips and his father Frederik Philips. Frederik was a banker and helped his son find a small factory to start his operation making carbon filament electronics and other items. After 4 years into starting the company the company was near Bankruptcy. Gerald brought his younger brother, “Anton” Philips into the business. Anton had a great deal of new ideas which he introduced to the company which helped the company become profitable and continue to grow and expand………….Read about the History of Philips……Click the link.