Source: People's Daily, Page 7

BEIJING, Oct.12, Asiainfo Services, Inc. -- When talking about the prospective cooperation between Philips and China, Philip's business manager of the Asian-Pacific region said the main cooperative areas would lie in household appliances, telecommunications and lighting equipment.

Meanwhile, Philips is expected to set up more enterprises in China in order to supply some of the spare parts locally. What's more, Philips intends to aim its investment at the interior areas of China rather than the coastal areas alone.