>had a 30% stake in TSMC. >this stake would now be worth 7 times what phillips itself is at the moment

>had a 30% stake in TSMC
>this stake would now be worth 7 times what phillips itself is at the moment
grim

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  1. 3 weeks ago
    Anonymous

    >They also owned ASML

    • 3 weeks ago
      Anonymous

      How do you frick up this badly

      • 3 weeks ago
        Anonymous

        >They also owned ASML

        This is like me with FB shares two years ago, and NVDA shares three years ago, and NVDA shares a year ago. Some people just fumble everything good.

  2. 3 weeks ago
    Anonymous

    They were one of the biggest electronics manufacturers in Europe/world and now they make low quantity high margin medical scanners and attach their name to chinkshit produced TVs. Mismanaged for decades and all around a disappointing company and emblematic of everything that is wrong with Europe. I guess at least they still make lamps, which was their core business.

    • 3 weeks ago
      Anonymous

      i personally know a tansgender who used to escort, and she said she regularly hooked up with a Philips executive in his big mansion here in the netherlands, and he liked to get fricked in the ass and do scat stuff.

      not a suprise tbh

      • 3 weeks ago
        Anonymous

        You’re a liar, but I’m going to choose to believe you because it’s funny

    • 3 weeks ago
      Anonymous

      yes and they also invented Casette Tapes, CD's, and DVD's.

    • 3 weeks ago
      Anonymous

      They make excellent lamps, by all accounts. It's a shame they don't fricking sell them!!

      • 3 weeks ago
        Anonymous

        >the Dubai government forced them to make this
        >they refuse to sell it outside Dubai in the "free market"
        Capitalism doesn't work

      • 3 weeks ago
        Anonymous

        >the Dubai government forced them to make this
        >they refuse to sell it outside Dubai in the "free market"
        Capitalism doesn't work

        Black folk, it's a lamp, who cares?

        • 3 weeks ago
          Anonymous

          Why are you on a technology forum? Everything discussed here is frivolous.

          • 3 weeks ago
            Anonymous

            let me rephrase
            Black person, it's a lamp, why do you care?
            homosexual

          • 3 weeks ago
            Anonymous

            It's a good lightbulb compared to the shit they sell elsewhere. Are you too stupid to understand?

          • 3 weeks ago
            Anonymous

            >It's a good lightbulb compared to the shit they sell elsewhere.
            the absolute state of you

          • 3 weeks ago
            Anonymous

            Black person this is a Phillips thread. Would you prefer we discuss Microwaves and Irons?

          • 3 weeks ago
            Anonymous

            saar pleas discuss ewaste tv

    • 3 weeks ago
      Anonymous

      Talk about mismanaged, look at what they did to the Odyssey 2 console: when some engineers ran out of ideas for new games, the higher-ups in Europe insanely assumed that there was nothing else that could be made, so video games were a doomed fad. So they tried to discontinue the system. Except only ONE developer kept creating new games, and all sold well. So they were forced to keep the system alive, but in a half-assed way that kept it from being as successful as it should have.

      https://web.archive.org/web/20210207224835/https://dadgum.com/halcyon/BOOK/AVERETT.HTM

      • 3 weeks ago
        Anonymous

        You can see this behaviour in so many industries in Europe/US, moronic union behaviour, moronic management with harebrained schemes or lack of foresight, financialisation coming in wrecking established capital. They all sold us down the river, frick em all sincerely.

        • 3 weeks ago
          Anonymous

          to add: Governments overregulating with green compliance and other bullshit making industry move offshore. Yeah we all love nature obviously, but we moved our relatively clean industries to China where cooking dogmeat for your fellow bugmen in gutter oil while wafting in the sweet air of coal pollution is the peak of the lack of environmental concern.

          • 3 weeks ago
            Anonymous

            stop believe the company's excuses. the single only reason they moved to china is because it's CHEAPER to manufacture there. if they really just wanted to dodge green compliance they would have gone to mexico.

          • 3 weeks ago
            Anonymous

            There are other things that the government has done to mess it up as well. These are all factors (including organised labour, mismanagement, the financial industry) playing in to why the state of industry is so dire. It's not as if the Koreans or other countries there are going to offshore their industries, seeing the mess it created in the West. (Not to say of course that the west has no industry at all)

          • 3 weeks ago
            Anonymous

            >the single only reason they moved to china is because it's CHEAPER to manufacture there
            It's cheaper. in part, because "green compliance" is very expensive. And yes, China has a lot less regulation than Mexico. Really, the only reason why Mexico even gets business is because they're close to the US - which isn't particularly important for, you know, european companies.

        • 3 weeks ago
          Anonymous

          >financialisation
          Financialisation and its consequences have been a disaster for mankind.

        • 3 weeks ago
          Anonymous

          It's called competency crisis anon. What were once white male high-performance teams are now bickering groups of diversity people.

          • 3 weeks ago
            Anonymous

            Since that happened in the early 80s, I don't suppose it's a matter of diversity.

          • 3 weeks ago
            Anonymous

            women

          • 3 weeks ago
            Anonymous

            Japan was also full of mismanagement and corruption and they were homogeneous.

          • 3 weeks ago
            Anonymous

            Quantify 'full of'. Keep in mind Japan has 10x the population of the Netherlands.

    • 3 weeks ago
      Anonymous

      They make excellent lamps, by all accounts. It's a shame they don't fricking sell them!!

      They don't make lamps anymore, they moved that part of their business into a company called Signify.

    • 3 weeks ago
      Anonymous

      You want to know why? Becauae philips got hollowed out by greedy israelites. Today philips makes NOTHING themselves they just license their brand to cheap chinese knockoff companies. Philips does zero R&D and employs zero engineers. The company is 100% mba suits.

      • 3 weeks ago
        Anonymous

        It's even funnier than that. They sold their products and their brand. They don't even get licensing fees IIRC

        • 3 weeks ago
          Anonymous

          so how do they keep the lights on?

          • 3 weeks ago
            Anonymous

            From what I can tell, they're aggressively cost cutting to outpace the drop in revenue

  3. 3 weeks ago
    Anonymous

    Great vide on this disaster of a company. They could have run everything. One of the most poorly run companies ever.

    • 3 weeks ago
      Anonymous

      I'm ashamed to admit that I watched this last night and that was why this subject was on my mind

  4. 3 weeks ago
    Anonymous

    Revenge for inflicting the CDi on the world.

  5. 3 weeks ago
    Anonymous

    White people in Western companies have been responsible for pushing semiconductors to where they are today. TSMC and Samsung got ahead on manufacturing only thanks to diversity-induced competency crisis in Global Foundry and Intel.

    And guess what? Samsung is starting the lag behind on the cutting edge EUV nodes and TSMC’s 3nm process ended up being trash, and their upcoming “fix” for the node is merely an improvement, not where it needs to be. The first 3nm node (N3) relied on a MASSIVE increase of EUV exposures to make work, greatly increasing cost and decreasing density-to-cost increase in efficiency. Moreover, TSMC can’t figure out how to improve SRAM density which has remained almost flat since 5nm. N3E will save on a few EUV layers to help prices a little, but it’s no game-changer. SRAM is used for L1 cache, so not being able to shrink it along with other logic gimps its ability to fully realize the gains from 3nm shrinkage. TSMC is actually struggling with these cutting-edge nodes because Western companies aren’t providing leadership in these areas anymore.

    And no Intel will not be the savior. They are still under a competency crisis, their bold roadmap for process improvement is already behind target, and their plan to quickly roll out RibbonFET and back-side power delivery are probably going get heavily delayed, meaning Intel20A and Intel18A will be way behind schedule. In fact moist of the CPUs will be coming from TSMC, so that speaks volumes about where their new nodes are at, Also Intel has abandoned their once-invincible competative advantage of having closely-linked CPU and node process design instead going with common industry design tools and systems — basically, a symptom of the competency crisis. So, while TSMC (and Samsung) don’t suffer from the same competency crisis, they don’t have the ability to really move things forward either.

    • 3 weeks ago
      Anonymous

      GlobalFoundries went full moron when they cancelled 7nm in 2018

  6. 3 weeks ago
    Anonymous

    Yahoo did something similar. Basically incompetent leadership.

  7. 3 weeks ago
    Anonymous

    This thread is extremely funny to me and you would not believe me if I said that the situation is 10x shittier than you imagine kek

    • 3 weeks ago
      Anonymous

      >you would not believe me if I said that the situation is 10x shittier than you imagine kek
      I do believe you, but please elaborate

    • 3 weeks ago
      Anonymous

      come on philipsanon, spill the beans

    • 3 weeks ago
      Anonymous

      Speak, child.

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