BWI: Philips Innovation Campus (PIC) Reinforces its Commitment to Deliver Products and Solutions for the Indian Market

Press release from Business Wire India
Source: Philips Innovation Campus (PIC)
Wednesday, May 19, 2010 01:00 PM IST (07:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components; Technology; Healthcare
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Philips Innovation Campus (PIC) Reinforces its Commitment to Deliver Products and Solutions for the Indian Market
Defines Healthcare as a Key Focus Area

Bangalore, Karnataka, India, Wednesday, May 19, 2010 -- (Business Wire India) -- Philips Innovation Campus (PIC) in Bangalore today outlined their plan of action for the coming year. Their key area of activity would be developing cutting edge technologies for the healthcare sector, but now with an increased focus on India. The announcement was made today, by Dr. Wido Menhardt who has taken over as Chief Executive Officer, Philips Innovation Campus in Bangalore.

Addressing the media today, Dr. Menhardt elaborated on his plans for PIC, "PIC in Bangalore has a talented pool of engineers and scientists who are able to develop top of line technologies for any market in the world. At this point in time, our focus would be on delivering products and solutions of the highest quality, especially in healthcare, but with an increased focus on India".

PIC contributes to the robust portfolio of Philips' medical systems. The goal of each product is clear - faster and more accurate diagnosis and treatment. Product lines the engineers work on include best-in-class technologies in X-ray, ultrasound, magnetic resonance, computed tomography, nuclear medicine, PET, radiation oncology systems, patient monitoring, and information management and resuscitation products. Engineers at PIC provide 'end-to-end' solutions, covering requirement definition, architecture, design, development, integration and testing as well as on-site consultancy.

Dr. Menhardt also announced the commencement of development activity for Philips lighting. Envisaging the requirements of consumers and at the same time keeping in mind concerns of the environment, Philips will develop a range of innovative digital lighting solutions for global markets.

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people's lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of "sense and simplicity". Headquartered in the Netherlands, Philips employs more than 116,000 employees in more than 60 countries worldwide. With sales of EUR 23 billion in 2009, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being.


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KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ELECTRONICS, TECHNOLOGY, HEALTHCARE

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