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Royal Philips Electronics Annual Results 2000

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Market Developments<br />

may slow down Earnings<br />

• Slow-down in<br />

worldwide economic<br />

activity, in particular<br />

the USA<br />

• Temporary oversupply<br />

PC and Telecom<br />

markets, in the first half<br />

of 2001<br />

Outlook 2001<br />

Our Actions consistent with<br />

Strategy<br />

• Control Capex on a level below<br />

fiscal year <strong>2000</strong><br />

• Continue to support high growth<br />

opportunities, also with acquisitions<br />

• Improving operational efficiency<br />

• More attention to a closer<br />

cooperation between businesses<br />

• Further tightening business controls<br />

71

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