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Electronics Production | May 09, 2005

Philips drop Mobile Display Systems

Philips Semiconductors is shedding non-strategic product units to cut costs. Among the product groups dropped is Philips Mobile Display Systems.
Philips will cease production of standalone scalers and imaging modules. Although layoffs are expected. This decision is part of a corporate reorganization within Philips announced last week. The remaining parts of Mobile Display Systems will report directly to Royal Philips Electronics.
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