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  1. The DVD optical disc storage format was invented and developed by Philips and Sony in 1995. Ambilight (2002) Ambilight, short for "ambient lighting", is a lighting system for televisions developed by Philips in 2002. Blu-ray (2006) Philips and Sony in 1997 and 2006 respectively, launched the Blu-ray video recording/playback standard.

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