Content |
Assets
Activities
China Electronics Corporation (CEC) for 2017 specializes in four activities:
- semiconductors and components of electronics,
- program / hardware and system integration,
- telecommunication networks and terminals
- digital equipment for the house.
CEC has the exclusive license on promotion and sale of mobile phones under brands of Philips and Xenium.
Business in Russia
Sangfey SES Electronics Rus LLC represents business of Philips GSM in Russia.
History
2007: Purchase of the rights to production of phones under the name of Philips
After more than ten years' successful cooperation on February 12, 2007 SES corporation signed with Philips company the agreement on acquisition of production of mobile phones of the brand of Philips worldwide. On April 1 the same year of Sang Fei company production of mobile phones of the brand of Philips was officially transferred worldwide.
1996: Creation of the joint venture with Philips
On October 25, 1996 the subsidiary company of SES corporation – SED Industry (Shenzhen) with the Dutch firm Philips creates the joint company Philips-SED Consumer Communications (Shenzhen) on December 28, 2001 renamed into Shenzhen Sang Fei Consumer Communications.