The highest growth in sales between 2002 and 2003 was recorded in Plasma televisions, which registered a whopping 260% increase.
Home theatre-in-a-box sales grew by 185% year on year, while projection TV sales were up 76%. DVD sales grew by nearly as much, recording a 71% jump in sales from the previous year, while DVD recorder sales climbed 38%. The 29- and 34-inch up-market TVs grew by a full 26%.
"These are very strong sales figures that are the result of excellent efforts by our UAE sales team which endeavored to help make things better for our customers by offering them the full range of Philips consumer electronics products, which represent the latest in entertainment technology," said Khalid Tuer, Regional General Manager, Philips Consumer Electronics MEA.
"We celebrated this success with a quad-biking excursion to Hatta Dunes for the sales team. We are excited about what we achieved last year and look forward to another successful year in 2004. The exciting offers now available for the Dubai Shopping Festival are sure to give us a great start to the year," he added.
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Philips consumer electronics reports triple-digit sales growth during 2003
- United Arab Emirates: Tuesday, January 27 - 2004 at 16:56
- PRESS RELEASE
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Philips announced that is has recorded double- and triple-digit sales growth across its consumer electronics product lines in the United Arab Emirates.
Philips' excursion to Hatta Dunes for the sales team
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Posted by Christine H. Andersen, Assistant News EditorTuesday, January 27 - 2004 at 16:56 UAE local time (GMT+4)
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This article was updated on Sun Mar 21 2004.
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About Royal Philips Electronics
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 31.8 billion in 2002. It is a global leader in colour television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 164,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges.
For more information please contact:
Louis Hakim
Corporate Communications and Brand Manager
Philips Electronics Middle East and Africa
louis.hakim@philips.com
Tel: 04 - 33 53 666 Fax: 04 - 309 5160
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 31.8 billion in 2002. It is a global leader in colour television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 164,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges.
For more information please contact:
Louis Hakim
Corporate Communications and Brand Manager
Philips Electronics Middle East and Africa
louis.hakim@philips.com
Tel: 04 - 33 53 666 Fax: 04 - 309 5160
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