Specifically referring to the activities of Semiconductors R&D team in PIC, Mr. van Houten said, "We are working on cutting-edge 65nm SoC designs and libraries, IP modules and are investing heavily in our Nexperia Home and Mobile platforms using the skills of the India design team. Additionally, a large number of global design-ins for our DTV and advanced cell phone programs are being supported from here."
"India has become a major growth opportunity for us both from consumer and technology points of view and the investment in this Campus reflects our commitment to expanding our presence here. PIC's growth plans are concrete and realizable," said Mr. van Houten, reiterating the growth projection of 2500 employees at PIC by end-2007.
"PIC has emerged as a critical partner in the development of strategic and futuristic technologies for Philips worldwide. It contributes around one-third the software content for our products worldwide and has established itself as a key center of excellence. It houses R&D activities under one roof in order to bring about synergy, cross-fertilization of ideas and sharing of best practices."
Speaking on the occasion, Dr. Bob Hoekstra, CEO, PIC, said: "Philips conducted a survey on expectations of the future workplace. The new Campus is designed around its employees, facilitating an easy to experience work environment with advanced features. This flows from the three brand pillars of Philips - Designed Around You, Easy to Experience, and Advanced. It is designed to offer a dynamic innovation environment."
For further information, please contact:
Philips India Limited
Corporate Communications
Anil A. Nayak
Ph: +91 22 66912122, Fax: +91 22 6691 2499
e-mail:anil.nayak@philips.com
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 30.3 billion in 2004. With activities in the three interlocking domains of Healthcare, Lifestyle and Technology and 159,700 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News from Philips is located at www.philips.com/newscenter.
Philips Electronics India Limited, a subsidiary of Royal Philips Electronics, is a leader in Lighting, Consumer Electronics, Semiconductors, Domestic Appliances & Personal Care with an unmatched range of internationally current products backed by superior design and technology. It also has an excellent distribution and after-sales service network. Philips has been operating in India for 75 years and employs over 4,500 employees.
Philips Innovation Campus, a significant division of Philips Electronics India Limited, employs over 1600 professionals, using state-of-the-art software engineering paradigms and platforms including real-time systems, component-based software engineering, multi-threaded architecture and ASIC design methodologies in deep sub-micron technologies to drive the creation of tomorrow's products and services. It has eight divisions, each functioning as a technology or software competence center: Consumer Electronics, Semiconductors, Medical Systems, Research, Philips Applied Technologies, Intellectual Property & Standards, Philips Business Solutions, and Software.
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