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Monday, December 01, 2003
 Philips CEO says China important for strategy
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Message Text: Dutch Philips Electronics' Chief Executive Gerard Kleisterlee repeated on Monday that China would play an important role in the company's growth strategy.

Philips said in a statement that research and development activities in China would be stepped up and the already strong position of the Philips brand would be further bolstered by cross-company marketing programs.

Philips is Europe's largest maker of consumer electronics and lighting and number three in semiconductors.
 
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