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World news about “Philips” published by euronews.

31/03 13:50 CET

The lights start to go out at Philips

The lights start to go out at Philips

Dutch electronics giant Philips has begun its long-flagged withdrawal from one of its core historic activities, lighting, by selling 80.1% of its lighting components division. The deal is worth 2.6 billion euros, and is an opening salvo before Philips serves up the main dish, a…