AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON NOVEMBER 19, 1999
                                                      REGISTRATION NO. 333-_____
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM S-8

                             REGISTRATION STATEMENT
                                    UNDER THE
                             SECURITIES ACT OF 1933

                      KONINKLIJKE PHILIPS ELECTRONICS N.V.
             (Exact Name of Registrant as Specified in Its Charter)

                            ROYAL PHILIPS ELECTRONICS
                     (Registrant's Name for Use in English)

                                 THE NETHERLANDS
         (State or Other Jurisdiction of Incorporation or Organization)
                                      NONE
                     (I.R.S. Employer Identification Number)

        REMBRANDT TOWER, AMSTELPLEIN 1, AMSTERDAM 1070MX, THE NETHERLANDS
                    (Address of Principal Executive Offices)

                  PHILIPS ELECTRONICS NORTH AMERICA CORPORATION
                             1998 STOCK OPTION PLAN
                            (Full Title of the Plan)

                                LYNNE A. BEZIKOS
           1251 AVENUE OF THE AMERICAS, NEW YORK, NEW YORK 10020-1104
                                 (212) 536-0612
            (Name, Address and Telephone Number of Agent for Service)


<TABLE>
<CAPTION>
                                     CALCULATION OF REGISTRATION FEE
================================================================================================================
                                                                     PROPOSED        PROPOSED       AMOUNT OF
                                                                     MAXIMUM          MAXIMUM     REGISTRATION
     TITLE OF EACH CLASS OF                                       OFFERING PRICE     AGGREGATE         FEE
  SECURITIES TO BE REGISTERED        AMOUNT TO BE REGISTERED        PER SHARE     OFFERING PRICE
----------------------------------------------------------------------------------------------------------------
<S>                                          <C>                    <C>             <C>              <C>
COMMON SHARES OF KONINKLIJKE                 800,000                $88.96(1)       $71,168,000      $19,785
PHILIPS ELECTRONICS N.V., PAR  ---------------------------------------------------------------------------------
VALUE 1 EURO PER SHARE                       625,000(2)             $71.71          $44,818,750      $13,222(3)
================================================================================================================

<FN>
(1)  CALCULATED  SOLELY FOR THE PURPOSE OF DETERMINING THE  REGISTRATION  FEE PURSUANT TO RULE 457(H) BASED UPON
     THE PRICE AT WHICH THE OPTIONS MAY BE EXERCISED, $88.96 PER SHARE.

(2)  REPRESENTS  SECURITIES  PREVIOUSLY  REGISTERED ON THIS FORM (FILE NO.  333-70215)  WITH RESPECT TO THE SAME
     BENEFIT PLAN.

(3)  PAID JANUARY 7, 1999 IN CONNECTION WITH SECURITIES PREVIOUSLY REGISTERED ON THIS FORM (FILE NO. 333-70215).
</FN>
</TABLE>

<PAGE>



                                EXPLANATORY NOTE

         This registration statement registers additional securities of the same
class as other securities for which a registration  statement filed on this form
relating  to an  employee  benefit  plan  (File  No.  333-70215)  is  effective.
Accordingly,  in accordance  with  Instruction E to Form S-8, the registrant has
filed only a facing page, all required opinions and consents, the signature page
and any information  required in the new  registration  statement that is not in
the earlier registration statement. The registrant hereby incorporates herein by
reference  the  contents  of its  registration  statement  on Form S-8 (File No.
333-70215).


<PAGE>



                     SIGNATURES OF ROYAL PHILIPS ELECTRONICS

         Pursuant to the requirements of the Securities Act of 1933, KONINKLIJKE
PHILIPS  ELECTRONICS  N.V.  certifies that it has reasonable  grounds to believe
that it meets all of the requirements for filing on Form S-8 and has duly caused
this  Registration  Statement  to be  signed on its  behalf by the  undersigned,
thereunto  duly  authorized,  in the  City of  Amsterdam,  The  Netherlands,  on
November 19, 1999.

                           KONINKLIJKE PHILIPS ELECTRONICS N.V.


                           By: /s/ Ari Westerlaken
                              -----------------------------------
                           Name: Ari Westerlaken
                           Title: General Secretary

      KNOW  ALL MEN BY THESE  PRESENTS  that  each  individual  whose  signature
appears  below  constitutes  and  appoints  Lynne A. Bezikos his true and lawful
attorney-in-fact  and agent with full power of substitution,  for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments
(including  post-effective  amendments) to this Registration  Statement,  and to
file the  same  with all  exhibits  thereto,  and all  documents  in  connection
therewith,  with the  Securities  and Exchange  Commission,  granting  unto said
attorney-in-fact  and agent full power and  authority to do and perform each and
every  act and  thing  requisite  and  necessary  to be done  in and  about  the
premises,  as  fully  to all  intents  and  purposes  as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and agent
or his substitute or substitutes,  may lawfully do or cause to be done by virtue
hereof.

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration Statement has been signed by the following persons in the indicated
capacities on November 19, 1999.

Name                          Title
----                          -----

/s/ Cor Boonstra              President, Chairman of the Board of Management
--------------------------    (Principal Executive Officer)
Cor Boonstra


/s/ Jan H.M. Hommen           Executive Vice-President, Member of the Board of
--------------------------    Management and Chief Financial Officer (Principal
Jan H.M. Hommen               Financial and Accounting Officer)


/s/ Adri Baan                 Executive Vice-President, Member of the Board of
--------------------------    Management
Adri Baan


                              Executive Vice-President, Member of the Board of
--------------------------    Management
Arthur P.M. van der Poel


/s/ John W. Whybrow           Executive Vice-President, Member of the Board of
--------------------------    Management
John W. Whybrow


/s/ L.C. van Wachem           Chairman of the Supervisory Board
--------------------------
L.C. van Wachem


                                      II-1
<PAGE>


Name                          Title
----                          -----

/s/ W. de Kleuver             Vice-Chairman and Secretary of the Supervisory
--------------------------    Board
W. de Kleuver


/s/ W. Hilger                 Member of the Supervisory Board
--------------------------
W. Hilger


/s/ C.J. Oort                 Member of the Supervisory Board
--------------------------
C.J. Oort


                              Member of the Supervisory Board
--------------------------
L. Schweitzer


                              Member of the Supervisory Board
--------------------------
Sir Richard Greenbury


                              Member of the Supervisory Board
--------------------------
J-M Hessels


/s/Lynne A. Bezikos           Duly authorized representative in the United
--------------------------    States
Lynne A. Bezikos




                                      II-2
<PAGE>


                                INDEX TO EXHIBITS

4.1    Philips  Electronics  North America  Corporation  1998 Stock Option Plan,
       dated February 12, 1998. (Incorporated by reference to Exhibit 4.1 to the
       Registrant's Registration Statement on Form S-8 (File No. 333-70215).)

23.1   Consent of KPMG Accountants N.V.
[{"type": "S-8", "sequence": "1", "description": "FORM S-8", "secsgml_size_bytes": 8254}]
{"company-data": {"conformed-name": "KONINKLIJKE PHILIPS ELECTRONICS NV", "cik": "0000313216", "assigned-sic": "3600", "state-of-incorporation": "P7", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-91287", "film-number": "99760979"}, "business-address": {"street1": "REMBRANDT TOWER AMSTELPLEIN 1", "street2": "1096 HA AMSTERDAM", "city": "THE NETHERLANDS"}, "mail-address": {"street1": "REMBRANDT TOWER AMSTELPLEIN 1", "street2": "1096 HA AMSTERDAM", "city": "THE NETHERLANDS"}, "former-company": {"former-conformed-name": "PHILIPS ELECTRONICS N V", "date-changed": "19930727"}}
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON NOVEMBER 19, 1999
                                                      REGISTRATION NO. 333-_____
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM S-8

                             REGISTRATION STATEMENT
                                    UNDER THE
                             SECURITIES ACT OF 1933

                      KONINKLIJKE PHILIPS ELECTRONICS N.V.
             (Exact Name of Registrant as Specified in Its Charter)

                            ROYAL PHILIPS ELECTRONICS
                     (Registrant's Name for Use in English)

                                 THE NETHERLANDS
         (State or Other Jurisdiction of Incorporation or Organization)
                                      NONE
                     (I.R.S. Employer Identification Number)

        REMBRANDT TOWER, AMSTELPLEIN 1, AMSTERDAM 1070MX, THE NETHERLANDS
                    (Address of Principal Executive Offices)

                  PHILIPS ELECTRONICS NORTH AMERICA CORPORATION
                             1998 STOCK OPTION PLAN
                            (Full Title of the Plan)

                                LYNNE A. BEZIKOS
           1251 AVENUE OF THE AMERICAS, NEW YORK, NEW YORK 10020-1104
                                 (212) 536-0612
            (Name, Address and Telephone Number of Agent for Service)
CALCULATION OF REGISTRATION FEE
================================================================================================================
                                                                     PROPOSED        PROPOSED       AMOUNT OF
                                                                     MAXIMUM          MAXIMUM     REGISTRATION
     TITLE OF EACH CLASS OF                                       OFFERING PRICE     AGGREGATE         FEE
  SECURITIES TO BE REGISTERED        AMOUNT TO BE REGISTERED        PER SHARE     OFFERING PRICE
----------------------------------------------------------------------------------------------------------------
COMMON SHARES OF KONINKLIJKE                 800,000                $88.96(1)       $71,168,000      $19,785
PHILIPS ELECTRONICS N.V., PAR  ---------------------------------------------------------------------------------
VALUE 1 EURO PER SHARE                       625,000(2)             $71.71          $44,818,750      $13,222(3)
================================================================================================================
(1)  CALCULATED  SOLELY FOR THE PURPOSE OF DETERMINING THE  REGISTRATION  FEE PURSUANT TO RULE 457(H) BASED UPON
     THE PRICE AT WHICH THE OPTIONS MAY BE EXERCISED, $88.96 PER SHARE.

(2)  REPRESENTS  SECURITIES  PREVIOUSLY  REGISTERED ON THIS FORM (FILE NO.  333-70215)  WITH RESPECT TO THE SAME
     BENEFIT PLAN.

(3)  PAID JANUARY 7, 1999 IN CONNECTION WITH SECURITIES PREVIOUSLY REGISTERED ON THIS FORM (FILE NO. 333-70215).
EXPLANATORY NOTE

         This registration statement registers additional securities of the same
class as other securities for which a registration  statement filed on this form
relating  to an  employee  benefit  plan  (File  No.  333-70215)  is  effective.
Accordingly,  in accordance  with  Instruction E to Form S-8, the registrant has
filed only a facing page, all required opinions and consents, the signature page
and any information  required in the new  registration  statement that is not in
the earlier registration statement. The registrant hereby incorporates herein by
reference  the  contents  of its  registration  statement  on Form S-8 (File No.
333-70215).
SIGNATURES OF ROYAL PHILIPS ELECTRONICS

         Pursuant to the requirements of the Securities Act of 1933, KONINKLIJKE
PHILIPS  ELECTRONICS  N.V.  certifies that it has reasonable  grounds to believe
that it meets all of the requirements for filing on Form S-8 and has duly caused
this  Registration  Statement  to be  signed on its  behalf by the  undersigned,
thereunto  duly  authorized,  in the  City of  Amsterdam,  The  Netherlands,  on
November 19, 1999.

                           KONINKLIJKE PHILIPS ELECTRONICS N.V.

                           By: /s/ Ari Westerlaken
                              -----------------------------------
                           Name: Ari Westerlaken
                           Title: General Secretary

      KNOW  ALL MEN BY THESE  PRESENTS  that  each  individual  whose  signature
appears  below  constitutes  and  appoints  Lynne A. Bezikos his true and lawful
attorney-in-fact  and agent with full power of substitution,  for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments
(including  post-effective  amendments) to this Registration  Statement,  and to
file the  same  with all  exhibits  thereto,  and all  documents  in  connection
therewith,  with the  Securities  and Exchange  Commission,  granting  unto said
attorney-in-fact  and agent full power and  authority to do and perform each and
every  act and  thing  requisite  and  necessary  to be done  in and  about  the
premises,  as  fully  to all  intents  and  purposes  as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and agent
or his substitute or substitutes,  may lawfully do or cause to be done by virtue
hereof.

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration Statement has been signed by the following persons in the indicated
capacities on November 19, 1999.

Name                          Title
----                          -----

/s/ Cor Boonstra              President, Chairman of the Board of Management
--------------------------    (Principal Executive Officer)
Cor Boonstra

/s/ Jan H.M. Hommen           Executive Vice-President, Member of the Board of
--------------------------    Management and Chief Financial Officer (Principal
Jan H.M. Hommen               Financial and Accounting Officer)

/s/ Adri Baan                 Executive Vice-President, Member of the Board of
--------------------------    Management
Adri Baan

                              Executive Vice-President, Member of the Board of
--------------------------    Management
Arthur P.M. van der Poel

/s/ John W. Whybrow           Executive Vice-President, Member of the Board of
--------------------------    Management
John W. Whybrow

/s/ L.C. van Wachem           Chairman of the Supervisory Board
--------------------------
L.C. van Wachem

                                      II-1
Name                          Title
----                          -----

/s/ W. de Kleuver             Vice-Chairman and Secretary of the Supervisory
--------------------------    Board
W. de Kleuver

/s/ W. Hilger                 Member of the Supervisory Board
--------------------------
W. Hilger

/s/ C.J. Oort                 Member of the Supervisory Board
--------------------------
C.J. Oort

                              Member of the Supervisory Board
--------------------------
L. Schweitzer

                              Member of the Supervisory Board
--------------------------
Sir Richard Greenbury

                              Member of the Supervisory Board
--------------------------
J-M Hessels

/s/Lynne A. Bezikos           Duly authorized representative in the United
--------------------------    States
Lynne A. Bezikos

                                      II-2
INDEX TO EXHIBITS

4.1    Philips  Electronics  North America  Corporation  1998 Stock Option Plan,
       dated February 12, 1998. (Incorporated by reference to Exhibit 4.1 to the
       Registrant's Registration Statement on Form S-8 (File No. 333-70215).)

23.1   Consent of KPMG Accountants N.V.