Philips To Abide By Chinese Labor Laws
November 3, 2006 |
Print
|
Email
| Category: News
Royal Philips Electronics says it will follow the relevant Chinese labor regulations and work closely with local government at various levels to protect the interest of its employees affected by the transfer of its mobile phone service to China Electronics Corporation.
Philips says that the transfer of its mobile phone service to CEC is the result of a shift in business, and Philips says it has had good relations with CEC for a decade.
In a statement to media, Philips adds that as a responsible multinational company, it will take full consideration on the allocation and settlement of the staff affected during the process and abide by Chinese labor laws and regulation. The company says it will actively consult with the employees to respect their decisions on whether to leave or continue to work for the company.
In October, Philips signed a letter of intent to transfer its remaining mobile phone activities to CEC. CEC will take over the responsibility for Philips' mobile phones business, which currently has an annual turnover of approximately EUR400 million and approximately 240 employees, mainly in Asia Pacific and Eastern Europe. Under the terms of the letter of intent, CEC will receive a global license to market and sell mobile phones under the Philips brand for the coming five years.
Leave A Comment:
-
Energy & Cleantech
-
Environment
- Mainland And Hong Kong Work On Environmentally-friendly Paper
- PepsiCo Opens First Overseas 'Green' Plant In China
- Chinese Official Suggests Abolishing Disposable Wooden Chopsticks
- Retail Markets In China Face Punishment Over Substandard Plastic Bags
- China First Heavy Industries Fined For Infringement Of Environmental Rules
-
Giving
-
Law & Order
- China Campaigns Against "Cultural Irregularities" On The Internet
- Beijing Sogou Sues Tencent Over Unfair Competition
- Google China Blamed By CCTV For Vulgar Content
- Beijing Will Adopt Real Name Registration For Website Editors And Publishers
- Retail Markets In China Face Punishment Over Substandard Plastic Bags
-
Viewpoints
- Companies Can Help In The March Towards Better Consumer Rights In China
- CSR Review: Companies Have More Opportunities To Develop In China
- How Far Can Chinese Companies Take Corporate Social Responsibility?
- CSR Review: Companies Focus On Sustainability In China During Downturn
- Global Financial Woes May Impact Corporate Social Responsibility In China






























