Philips is a global leader in healthcare, lighting, and consumer lifestyles, delivering people-centric, innovative products, services, and solutions through their brand promise of ?sense and simplicity.? Employing approximately 128,000 employees in more than 60 countries worldwide, Philips is a market leader in medical diagnostic imaging and patient monitoring systems, energy-efficient lighting solutions, as well as lifestyle solutions for personal well-being. Philips Consumer Electronics, a division of the well-known multinational, is the third largest consumer electronics company in the world and a leader in the development of digital television systems and compact disc applications. Its main product lines are television, video, audio, and set-top boxes.