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Philips - Wikipedia, the free encyclopedia |
 | | Philips introduced the compact audio cassette tape, which was wildly successful, though its attempt to set a standard for video cassette recorders, the V2000, was unsuccessful in the face of competition from the Betamax and especially VHS standards. |
 | | Philips abandoned the Sylvania trademark which is now owned by SLI (Sylvania Lighting International) except in Australia, Canada, Mexico, New Zealand, Puerto Rico and the USA where it's owned by the Osram unit of Siemens. |
 | | Philips also owns the naming rights to Philips Arena in Atlanta and to the Philips Championship the premier basketball league in Australia, which is traditionally known as the National Basketball League. |
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