NETHERLAND Philips Electronics eyes Myanmar market

CREDIT EMG

Netherland based Phillips Electronics Company are eyeing to expand its electronics stores in Myanmar, The Wall Street Journal reported.

Philips Company planned to import its consumer electronics and healthcare product to Myanmar.

Philips opened its first consumer electronics store last month in Yangon. It is planning two more stores in coming months.

The company estimated that Myanmar’s electronics market has good prospect and Philips intend to expand electronics, lighting and healthcare services sectors in Myanmar emerging market

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