Philips seeks 33% of revenues from Asia

Tue, 18 May 2004, 00:00 WIB | Source: DPA

SINGAPORE: Electronics giant Philips is looking to Asia for 33
percent of its global revenues by 2008, with most of the growth
from China and India, a top executive said in a published
interview on Monday.

Asia currently contributes 25 percent of the gross global
revenues of S$59.2 billion (US$34.8 billion), Andreas Wente,
president and chief executive officer for the Asia-Pacific
region, told The Business Times. -- DPA

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