Causes, called the guidance Philips, prompting them to curtail activities in the sector in which the company operates from the middle of 90s, are the suboptimal level of profitability and in the small market shares.

National Chinese company CEC (China Electronics Corporation) – one of the major subcontractors, who will continue the production of mobile phones Philips in Asia and Western Europe. She will get a large "legacy" – $ 400 million turnover and 240 workers.

Mobile phones under the Philips did not immediately disappear from the shelves, because agreement to be concluded at the end of the year and the amount of compensation which is not discussed, will allow CEC to implement devices under the Dutch brand has over 5 years.

Thus, this sector, led by Nokia and Samsung, have already left the BenQ Mobile and Philips. Who's next?

On materials Generation-NT.