Koninklijke Philips N.V., commonly known as Philips, is one of the largest and most important technology companies in the world. It is mainly focused on the electronics and healthcare sectors. Its main offices are located in Amsterdam and other cities in the Netherlands.
From 1914 to 2001, Philips had one of the world's leading research laboratories in Eindhoven, where it created global trends with innovative products such as cassette, CD, DCC, CD-ROM, video, DVD and blu-ray. This laboratory was known as "NatLab", which derives from the Dutch expression "Natuurkundig Laboratorium", which could be translated as "Laboratory of natural sciences". This research and development laboratory was started by the company's management in 1914 with the basic purpose of being able to research and develop more efficient electric lamps than those made of graphite cotton yarn and thus enable Philips to compete better with other electric lighting companies in the world. This laboratory has been visited by scientists of the stature of Albert Einstein. The original Natural Science Laboratory "Natlab" was replaced in 2001 by the new "High Tech Campus" where research and development work is carried out in a more community oriented way.
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