Set up in 2000, the Philips Innovation Campus (PIC) is one of the company’s largest product development centers outside the Netherlands. It brings together close to 700 product development engineers and industrial designers, with almost all of Philips' development activities conducted under one roof at its Toa Payoh complex in Singapore. The PIC houses highly complementary and related teams carrying out development efforts in an integrated environment, comprising Business Group Lifestyle Entertainment, Business Group Television, Garment Care division under Business Group Domestic Appliance and Philips Design. This structure provides a conducive environment for the various units to tap on one another's strengths. Each unit is responsible for its own development work but still enjoys greater opportunities for cross-fertilization of ideas and the sharing of technology, development capabilities, expertise, infrastructure and equipment. This structure provides a conducive environment for the various units to tap on one another's strengths. Each unit is responsible for its own development work but still enjoys greater opportunities for cross-fertilization of ideas and the sharing of technology, development capabilities, expertise, infrastructure and equipment.
Adding value to Singapore’s knowledge-based economy Philips’ enhanced development focus, via the PIC, complements Singapore’s efforts to become a knowledge-based economy and further strengthens the mutually beneficial, long-term partnership between the nation and the organization. It is Singapore’s economic goal to develop into a vibrant and robust global hub of knowledge-driven industries by establishing world-class capabilities, top talents and a strong knowledge base. These assets, together with the government’s active support of R&D and comprehensive technology infrastructure, have enabled the PIC to thrive.
The Campus, in turn, enhances the skills of Singapore’s talent pool through knowledge transfer, international exposure and collaborations with local research institutions and universities. Development work at the Campus also gives birth to new design ideas and innovations that generate economic spin-offs and add value to Singapore’s knowledge-based economy.
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