The Philips transformation in healthcare business revenue accounted for more than 40%

One of the world's largest electronics company Philips has successfully transformed healthcare business. The Philips Group Research Institute senior vice president of Dana said, "external few people may understand our company's three major business segments: the lighting, quality of life and health care, the biggest business is health care, accounted for our about 40% of the revenue. "

Frans van Houten, CEO of Philips Global recently said to the media, from the lighting of the line of work of the business focus of the company now transferred to medical care. Which, as another local market "the Philips high hopes. Philips basic medical market in China has reached an annual growth of 23%, while the growth of this market to look forward to is the one-third accounted for the overall business of the Group.

In addition, China has become the world's largest market for Philips another major business segments, home lighting, as of now, the business grew by 60%, LED sales tripled. Philips said it will strengthen the R & D localization and differentiated products in the future expansion of the sales network from a second-tier cities in China to the four-tier cities, and actively explore new channels, improve the efficiency of Retail Management.