Koninklijke Philips N.V. (literally Royal Philips, stylized as PHILIPS) is a Dutch multinational conglomerate corporation headquartered in Amsterdam, one of the largest electronics companies in the world, currently focused in the area of healthcare and lighting. It was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. It was once one of the largest electronic conglomerates in the world and currently employs around 74,000 people across 100 countries. The company gained its royal honorary title in 1998 and dropped the ''Electronics'' in its name in 2013.