Philips is a global company focused on health and well-being that was founded in 1891. It has over 120,000 employees worldwide and generated €22.3 billion in sales in 2010, with 32% from growth markets. Philips operates in three main sectors: Healthcare, Lighting, and Consumer Lifestyle. It invests heavily in R&D, branding, and sustainability to drive growth through meaningful innovation. Philips aims to improve people's health and well-being through understanding user needs and building strong customer relationships.