The United States is a key market for Philips, accounting for one-third ($8.9 billion) of the company’s worldwide sales in 2003. All five of Philips product divisions have a presence in the U.S. Each operates independently, yet coordinates closely in sharing technologies and in developing products for the consumer and business-to-business marketplaces. Under the leadership of the Corporate Center in Amsterdam, this collaboration is required to unlock the full potential of the Philips brand.
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