Philips also launched a digital cassette and laser audio-visual disk two new products, the company also plans to promote ultra-wide-screen high-definition color TV system in Europe. Philips has been a leader in these areas and its products have become household names. Philips has a better relationship with China, there have been many investment projects, the main production of fiber optic cable, television, laser disk, lighting equipment, electronic components, communications, teaching, medical equipment and computers and other products.
Flat-panel TV, compared with the traditional CRT, has the advantages of thinness, lightness, low power consumption, low radiation, no flickering, and favorable to human health. Currently, in terms of global sales, it has exceeded the CRT. it is expected that by 2010, the ratio of the sales value of the two will reach 5 to 1. In the 21st century, flat-panel TVs will become the mainstream products in the TV.