This company engages as a laboratory providing research and development services. It was incorporated in 1933 and has its registered business office based in Eindhoven, Netherlands.The company conducts research in the areas of materials and process technologies, IC design, display systems and personal care, access and interaction systems, storage systems, and information and software technology. Its research areas also include system architecture for distributed home networking for consumer electronics devices, information and data management in such systems, and audio/video content analysis technologies. In addition, the company operates as a subsidiary of Koninklijke Philips Electronics NV, a Netherlands-based parent company of the Philips Group (Philips) which operates within three main business sectors, such as healthcare, consumer lifestyle and lighting, as well as through the group management and services sector.
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