Philips to move away from pure consumer electronics

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13-12-2007, 9:10 AM

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Philips to move away from pure consumer electronics

As part of its aim to reposition itself as a Lifestyle rather than consumer electronics brand, Philips has announced that it will merge its domestic appliances and consumer electronics divisions from January 1. The new group is to be called Philips Consumer Lifestyle and will be headed up by Bret Furio, who moves across from [...]
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