• August 24, 2021

Philips Electronics announces $2 billion investment in Bournemouth electrical appliance manufacturing

Bournshire, England, May 2, 2017 – Philips Electronics announced an additional $2.6 billion in investment into Bourness electrical appliance manufacture and construction on Monday, and the company has also announced the creation of its first electric appliance production plant in the UK.Philips has announced that it has been awarded a $1.4 billion investment from the…

Read More

When it comes to electrical appliances in the UAE, Philips is the only one with a monopoly

A year ago, the UAE was ranked as the fourth most-populous country in the world, with the country having over 1 billion inhabitants.But things are changing, with a number of new companies entering the market.These include Philips, who are the world’s largest manufacturer of electrical appliances.In a bid to boost its market share, Philips are…

Read More