The following video provides a fascinating look into the gradual demise and transformation of the electronics giant Philips. Since I’ve seen the brand so much throughout my entire life, the video had a different impact on me even though the story is probably similar to that of many other older tech companies:

Interestingly, recent events have sparked attention in global politics to ASML, a major player in the microchip industry and one of the companies connected to Philips. See this article on policito.eu for information on the government’s announcement to impose new export restrictions on AML’s products to China.