Philips CEO Targets 1 Billion Euros in Cost Savings

Philips CEO Targets 1 Billion Euros in Cost Savings Play

Oct. 21 (Bloomberg) -- Royal Philips NV Chief Executive Officer Frans Van Houten talks about third-quarter profit reported today at the world's largest lighting manufacturer. He speaks from Amsterdam with Mark Barton on Bloomberg Television's "Countdown." (Source: Bloomberg)

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