PHILIPS CREATES HEADQUARTERS OF ASIA PACIFIC REGION IN HK
AsiaInfo Services, February, 2005
AsiaInfo Services 02-07-2005 Philips Creates Headquarters of Asia Pacific Region in HK HONGKONG, Feb 07, 2005 (SinoCast via COMTEX) -- Europe's largest electronics maker Philips has moved its Asia Pacific headquarters and global headquarters of some divisions to Hong Kong. Hong Kong chief executive Tung Chee-hwa said Hong Kong has become more competitive in research and development of science and technology.
Apart from top-flight infrastructures and improved intellectual property protecting systems, Hong Kong owns talents and world-class universities. Philips that is strong in design and research and development will be able to form successful operating mode by capitalizing on advantages in Hong Kong as well as excellent labor force andhuge market in mainland. The...
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