ANDOVER, Mass.-- Royal Philips (NYSE: PHG, AEX: PHIA) is celebrating the one hundredth anniversary of Philips Research. Since the development of its first light bulb, the company is focused on delivering innovations that matter to people. Continuing its rich history, Philips is committed to improving the lives of 3 billion people a year by 2025.
“Research-driven innovation is the lifeblood of Philips,” said Henk van Houten, General Manager Philips Research. “We are passionate to invent, partner and apply technology to help people succeed. By formulating ambitious innovation goals that relate to the key challenges people face, we inspire our scientists and partners to co-create impactful solutions that matter to people.”