Koninklijke Philips N.V. (literally 'Royal Philips', commonly shortened to Philips) is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven. Philips was formerly one of the largest electronics companies in the world, currently focused on the area of health technology, with other divisions being divested.

Philips Lighting showcased its connected lighting technology at the 19th Water, Energy, Technology, and Environment Exhibition (WETEX) in support of the 'Dubai plan 2021' that seeks to make Dubai a smart, integrated and connected city.

The event was held from 23-25 October 2017 at the Dubai International Convention and Exhibition Centre.

This article is drawn from the Circular Weekly newsletter from GreenBiz, running Fridays.

There’s great buzz around "business model innovation" when it comes to how companies will transition towards circularity. But let’s not overthink it. The root of circular business model innovation, as far as I can tell, comes largely from applying simple proven solutions in new contexts.

Eindhoven, the Netherlands – Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced its intention to change its name from Philips Lighting to Signify. The choice of our new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning.