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| | Accoring to 1999 – 2003 GFK Retail Audit Report, Philips vacuum cleaner is the No. 1 seller for consecutive 5 years in Hong Kong. Recently, Philips has launched a new series of vacuum cleaners, which are so compact that they look like racing cars. More importantly, they offer suction power up to 370W, which is first of its kind among similar products. |
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| | Amsterdam, The Netherlands and Hong Kong, PRC - Royal Philips Electronics and TPV Technology Limited have signed a Letter of Intent to create the most competitive partnership in PC monitor and entry level Flat TV segments. Per the agreement, TPV will take over the responsibility of Philips’ existing OEM Monitor business, and Philips will focus on the marketing and sales of its own branded monitor and Flat TV products. Philips is contributing assets and resources to TPV on these activities. The combination of TPV and Philips’ PC monitor and entry level Flat TV business will create the global leader in the display products manufacturing market. |
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| | Paris, France – Royal Philips Electronics (NYSE: PHG, AEX: PHI) today announced the creation of the Simplicity Advisory Board (SAB). Its aim is to provide additional outside perspective into how the Philips brand promise – Sense and Simplicity - can be applied to everything the company does within the healthcare, lifestyle and technology markets. |
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| | Amsterdam, The Netherlands - In a meeting with investors and financial analysts today, Royal Philips Electronics (AEX: PHI, NYSE: PHG) will discuss how the company's Domestic Appliance and Personal Care (DAP) and Lighting businesses are expected to continue their solid contribution to profitable growth at the company in 2005 and beyond. The company will also review ongoing measures to further simplify and standardize its administrative processes. |
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| | San Jose, California, USA, and Amsterdam, The Netherlands - Royal Philips Electronics (AEX: PHI, NYSE: PHG) and Lumileds Lighting today announced a partnership to develop and market new modular LED lighting solutions for the automotive industry. This partnership is an extension of the existing relationship between the two companies. The new lighting solutions will incorporate Luxeon-technology from Lumileds, the world's leading provider of solid-state technology, and design, development and integration expertise from Philips Automotive Lighting, the world's leading provider of automotive lighting solutions. |
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| | Andover, Massachusetts, USA - Royal Philips Electronics (NYSE: PHG, AEX: PHI) today announced that it has launched a pilot study to test a secure, personalized healthcare communication platform that connects chronic disease patients at home to their care providers through their television. Philips will be testing this platform - called Motiva - this fall with the Cardiovascular Associates of the Delaware Valley (CADV), a US-based physicians' group providing complete cardiovascular care to patients. Comcast Corporation will support the pilot study by providing an IP data connection that enables patients participating in the study to communicate with CADV interactively and receive personalized information. The pilot study will test how well patients use a TV-based healthcare platform as well as the extent to which patients and healthcare providers adapt to this new type of interactive healthcare delivered over broadband. |
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| | Amsterdam, The Netherlands - In a meeting with investors and financial analysts today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will give an update on the performance in its Semiconductors division, and also address the role Philips Research plays in creating future business opportunities based on advanced technologies. |
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| | Gerard Kleisterlee, President and CEO of Royal Philips Electronics, met the Chief Executive Mr. Tung Chee Hwa on August 30 during his visit to the territory. The meeting confirmed a shared commitment on creating growth in Hong Kong's technology sector. Philips' Asia Pacific regional headquarters is located in Hong Kong. Andreas Wente, CEO of Philips Electronics Asia Pacific, and Mike Rowse, the Director-General of Investment Promotion at Invest Hong Kong, also attended the meeting held in the SAR Chief Executive's office. |
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| | Amsterdam, The Netherlands and Clifton, NJ, United States - Royal Philips Electronics (AEX: PHI, NYSE: PHG) and Gemini Industries, Inc., the leading North American supplier of consumer electronics and PC accessories, announced today that they have signed an agreement under which Philips will acquire Gemini. Financial details of the acquisition have not been disclosed. |
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| | HONG KONG – Hong Kong Science and Technology Parks Corporation (HKSTP) and Philips Electronics Hong Kong Ltd (Philips) announce the signing of a major lease agreement for facilities at the Science Park. |