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Philips to make a mint from green products

September 30th, 2007 · No Comments

Philips (“we’re a lifestyle company not a technology one”) Electronics plans on deriving at least 30 per cent of its global revenue from green products by 2012. The goal was announced by CEO Gerard Kleisterlee, as he outlined the company’s latest EcoVision program. As part of the initiative, the company will spend over 1.4 billion dollars in developing greener products and manufacturing environments.

Tags: Corporate · Trade

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