Philips is a household name in appliances , consumer electronics and lighting , whose presence goes from a blender in any home ’ s kitchen to light bulbs in factories and offices worldwide . The Dutch manufacturing company has achieved important developments during a more than 120-year existence , venturing into the creation of devices able to impact everyday life , including what finally became the now defunct Laserdisc , the CD ( and derivative products such as the CD-R , CD-RW , DVD and Blu-ray ) and the cassette tape during the early 1960s , among others .