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Philips CEO updates market on implementation of strategy to become leading company in health and well-being


Beijing, China – Frans van Houten, Chief Executive Officer of Royal Philips Electronics (NYSE: PHG, AEX: PHI), will give a presentation to investors and financial analysts at the Morgan Stanley China Industrials Summit in Beijing, China.

In his presentation, Mr. Van Houten will discuss the opportunities and near-term actions to drive performance improvements at Philips in its journey to become a leading diversified industrial group in the field of health and well-being.

The presentation starts on Thursday, May 26, at 09:00 AM Beijing time or 03:00 AM CET.

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 about 117,000 employees with sales and services in more than 100 countries worldwide. With sales of EUR 22.3 billion in 2010, 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 and pleasure with strong leadership positions in male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at


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