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Philips, the Dutch electronics group, is to cut up to 7,000 jobs worldwide, which could affect a number of components plants in the UK. 18-Apr-2001 Philips is to build a new glass furnace at its television screen factory in Simonstone, which will secure the future of the 300-strong workforce. 16-Mar-2000 Philips is to cut 75 of the 1,050 jobs at its TV factory in Durham, due to competition from abroad. 15-Jun-1999 Philips is to cut about 30 of the 320 jobs at its TV screen factory in Simonstone, in preparation for a major investment in rebuilding the plant next year. 16-Mar-1999 Philips is planning to close about one-third of its factories worldwide over the next four years, which could threaten up to 1,750 jobs in the north-east. 04-Nov-1998 Philips is to close its kettle manufacturing plant in Hastings with the loss of 160 jobs. 14-Oct-1998 Philips has opened a new factory in Stockport to make discrete semiconductor devices, and expects to add a further 350 jobs at the site over the next five years. 14-Jul-1998 Price Waterhouse has dropped plans to acquire a significant stake in Origin, Philips' computer services business, having failed to agree terms for the move which would have helped it build up a broad-based professional services group. 23-Feb-1998 Psion has licensed its EPOC32 operating system to Philips for use in a range of pocket-sized data and messaging products. 11-Sep-1997 The government has given the go-ahead for a £1.5bn semiconductor plant on a greenfield site north of Birmingham which could create up to 4,800 jobs, and Philips is said to be one of the front-runners to invest at the site. 09-Aug-1997 De La Rue is acquiring the French-based smart card manufacturing business of Philips, for £54m. 16-May-1997 Philips Telecom-PMR, the mobile radio business, has been bought from Philips Electronics by management for £60m. 02-Jul-1996 Philips' Origin division has won a £75m 5-year contract to run ICI's computer systems. 12-Feb-1996 Telecom Sciences Corporation, a new company, has bought Philips' Scottish telecoms equipment activities. 09-Feb-1996 Origin, the Philips joint venture with BSO Origin, is taking on £75m of business from ICI's computer operations. 02-Feb-1996 PolyGram is acquiring the PDO compact disc production plant in Blackburn from Philips. 16-Jan-1996 Sony and Philips have finally agreed terms with the SD Alliance over the format of digital video disc systems. 17-Sep-1995
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