Top Story

e4m_logo.png

Home >> Marketing >> Article

Philips targets auto solutions market

20-July-2004
Font Size   16
Share
Philips targets auto solutions market

Eyeing a big opportunity in the Indian auto sector, the Rs 2000-crore Philips India Limited has launched a new range of automotive solutions. These include analog car radio chips, and car access and immobilization solutions. Joerg Becker, Marketing Manager, MS Car Access & Immobilizers Business Line Identification, says the company is in talks with almost all car manufacturers in the country and soon these semiconductor chips would be incorporated in most Indian vehicles. The incorporation of these chips will not affect vehicle prices, he said.

Elaborating further about the latest technology, he said car thefts will now be curbed with the introduction of passive, keyless entry and immobilizers based on combination chips or one-chip solutions. The system allows drivers to enter their vehicles without any explicit action to unlock them. The latest offering is an integrated analog car radio chip for low cost, high performance tuning of cars.

RV Sheshan, Director, Semiconductors Division, said the total auto semiconductors market in the country is worth $ 15 million and is growing by 18 per cent per annum. At present Philips semiconductors division contributes around 10 per cent to the company’s annual turnover; this will double with the introduction of the new solutions, he said.

Giving details about the lighting division, B. Sivakumar, Head Business Group, Automotive Lighting, said at present Philips has a 45 per cent share of the OE market. In India auto lighting contributes around 15 per cent to the company’s annual turnover. The company has started building up its replacement market network and has appointed 15 distributors across the country. It plans to double the number of distributors by the end of this fiscal, he said.

Tags

The group released the Little Hearts online-only campaign, #BreakSomeHearts, early this year and is on the path to make many more of its brands available on the digital platform

As Milind Pathak takes over as Managing Director - Southeast Asia, Httpool, we chat with him on his new role, aspirations and his plans to aggressively penetrate the operations of the group in the Southeast Asian market

We speak to Punit Misra, CEO, ZEEL, Domestic Broadcast Business, on Zee TV’s new look, its aim and the shaping up of domestic business

This exercise will take the channel to the next level: Siju Prabhakaran, Cluster Head – South Business, Zee Entertainment Enterprises Limited

As Milind Pathak takes over as Managing Director - Southeast Asia, Httpool, we chat with him on his new role, aspirations and his plans to aggressively penetrate the operations of the group in the Sou...

Though business has picked up, the private FM industry expects festive ad spends to be subdued compared to 2016

Of the 116 upheld ads, the majority belonged to healthcare and education