On April 11, philips electronics company announced that already made deal with shenzhen Jinkewei industrial limited company shareholders, to buy all of its shares, all matters reached an agreement, the deal is expected to finish at the second quarter this year.

Philips healthcare patient care department senior vice President and general manager DiSanzo Deborah, said this acquisition of philips was meet the best time, provides perfect opportunity to consolidate and strengthen the position in the Chinese market, expand in other emerging market share of the market. It’s reported that purchase will bring approximately 10% increasement for philips China in the medical field market share yearly.