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Electronics Giant Philips to Split in Historic Move - Agoraquest
Philips announced Tuesday it would split in two, separating its healthcare-lifestyle division from the historic lighting business in a dramatic streamlining move by the 120-year-old electronics giant. “We’re preparing Philips for the next century,” CEO Frans van Houten said during a telephone press conference. “Giving independence to our lighting solutions business will better enable itRead More