Koninklijke Philips Electronics N.V. (Royal Philips Electronics Inc.), most commonly known as Philips, (Euronext: PHIA, NYSE: PHG) is a multinational Dutch electronics corporation. Philips is one of the largest electronics companies in the world. In 2009, its sales were €23.18 billion. By 2010, the company employs 123,800 people in more than 60 countries.