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Prestigious_Carpet29 t1_j6jk01l wrote

Having worked for Philips in the past, I think it's clear they have been in "managed decline" for at least two decades, probably at least three.

They've reduced the breath of what they do, and sold off ever more pieces (NXP, lighting...) ...

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Prestigious_Carpet29 t1_j6ke26i wrote

They've been increasingly just trying to jump on bandwagons, rather than seek long-term innovation.

Also >15 years ago they said their target market was over-50's.

Will their target-market eventually die out?!

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