Page "Philips" Paragraph 5

In 1895, after the first difficult years and near bankruptcy, the Philipses brought in Anton, Gerard's younger brother by sixteen years.

Though he had earned a degree in engineering, Anton started work as a sales representative ; soon, however, he began to contribute many important business ideas.

After Anton's arrival, the family business began to expand rapidly, resulting in the foundation in 1907 of the N. V. Philips ’ Metaalgloeilampfabriek ( the Philips Lightwire-bulb Factory Inc ) in Eindhoven, followed in 1912 by the foundation of the N. V. Philips ' Gloeilampenfabrieken.

( the Philips Light-bulbs Factories Inc ).

After Gerard and Anton Philips changed their family business by founding the Philips Incorporation, they laid the base of the later electronics multinational.