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PHILPS Electronics announced yesterday in Shanghai, the construction of "PHILPS innovation and Technology Park R & D center project" was started in March 9th. PHILPS innovation and Technology Park covers an area of 38 thousand square meters, the annual investment in R & D funding will reach $40 million, PHILPS will be built in China's core R & D base. In this science and Technology Park, in addition to the construction of the R & D center, PHILPS also voted to build a lighting electronic project.
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