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Home > Philips restructure
2014-09-26

Philips Restructure Signals Challenges from Asian Manufacturers

Following the spin-off of Osram from Siemens, global lighting giant Philips recently announced it would split off its lighting business into a stand-alone company on September 23. That move follows an announcement in June that Philips would combine Lumileds, its LED components business and automotive lighting business into a separate company.
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