Philips and Co was founded in 1891 in Eindhoven, the Netherlands, by Frederik Philips and his son, Gerard. Recognizing the opportunity presented by the mass-market introduction of electricity, and inspired by Gerard’s keen interest in scıence and engineering, the pair soon conceived a bold but timely plan: cost-effective, reliable electric incandescent light bulbs. At Philips, our purpose is to improve people’s health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities. As a technology company, we - and our brand licensees - innovate for people with one consistent belief: there’s always a way to make life better. We have a proud heritage of ground-breaking innovation that stretches back almost 130 years. Meaningful innovation - focused on our customers’ needs - remains at the heart of everything we do. Feature with luminous efficacy (rated) (nom) of 61 lm/w, color rendering index (nom) of 80, llmf at end of nominal lifetime (nom) of 70 %, warm up time to 60% light (max) of 40 s, energy consumption of 18 kwh.