Magazine

Table: The Tech Crash Clobbers Philips

Posted on July 01, 2001

CONSUMER ELECTRONICS

New CEO Gerard Kleisterlee may shutter the mobile phone division by the end of June and take a charge of about $900 millionSEMICONDUCTORS

Chipmaking plants are running at only 45% of capacity, and operational losses will reach $150 million in the second quarterCOMPONENTS

After becoming a powerhouse in flat-screen displays and other parts used in mobile phones and PCs, the division reported a $65 million loss for the first quarter of this year

Data: Company reports, BusinessWeek

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