Philips Needs A Keen Focus For This MarketJonathan B. Levine
As Philips Electronics was rocked by losses of $2.2 billion last year, pundits feared that CEO Jan D. Timmer's turnaround plan to hack away deadwood might cut into the Dutch giant's technology roots, too. Slashed were memory chips, minicomputers, and some other branches once deemed vital to Philips' future.
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