Royal Philips Electronics Annual Results 2000

Components – Optical Storage
• Small loss in the quarter compared to an IFO of
approximately 12% in 3Q00
• Significant slowdown in CD-Rewritable with
December sales in units being 50% of sales in
September, as a consequence of slow-down in PC
markets
• Short-term action taken to reduce headcount and
rephase capacity expansion
• Beyond the short-term we continue to expect
significant growth in the future
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