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To: RealMuLan who wrote (17468)	12/2/2004 7:09:45 PM
From: RealMuLan	Respond to of 116555

Philips to Nearly Double China R&D Staff Wed Dec 1, 2004 11:26 PM ET By Mia Shanley SHANGHAI (Reuters) - Dutch electronics firm Philips said on Wednesday it plans to almost double its research and development staff in China to 1,300 over the next 2 years, underscoring the country's growing clout as a technology center. Europe's biggest consumer electronics producer, Philips Electronics already employs 700 people at 15 China R&D centers. Almost all of the new jobs will be created in Shanghai, a Philips official told Reuters. The investment confirms a trend among technology companies to move research activities as well as factory work to low-cost China. The new jobs will include 50 more engineers for its 100-strong mobile display screen R&D facility in Shanghai. "We want to beef up our R&D expertise in Shanghai to produce more cutting-edge displays. We are trying to do that locally and we want to focus on China," Harold Hoskens, chief executive of Philips' mobile display unit, told Reuters in a separate interview. Philips did not give any figures for the cost of the expansion in China, where it has already invested about $3.4 billion. reuters.com