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Royal Philips Electronics Annual Results 2000

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Summary Conclusion<br />

• We had a good fourth quarter<br />

• Slow-down in PC and Telecom market growth<br />

temporarily creating overcapacity impacting our<br />

Components and PCC business<br />

• In CE making progress with turnaround for<br />

Mainstream, while Digital Networks and Speech<br />

are issues being addressed<br />

• Although slower growth, Semiconductors is<br />

expected to outperform the market<br />

55

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