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Word: withe (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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When Nazi Panzer divisions overran The Netherlands in World War II, one of the places they headed for first was the great Philips company electric works at Eindhoven. But hours before their arrival, 25 top Philips scientists and executives slipped away via British destroyers, carrying with them vital secrets that...

Author: /time Magazine | Title: BUSINESS ABROAD: The Light of Holland | 12/14/1959 | See Source »

Blockade Runners. World War I only made Philips grow bigger faster. To circumvent the blockage of the North Sea, the company outfitted its own fleet of fast blockade-running ships. With the home market protected from competition, the brothers Philips steadily pushed into new lines, made X-ray tubes for...

Author: /time Magazine | Title: BUSINESS ABROAD: The Light of Holland | 12/14/1959 | See Source »

Freeze Out? Until lately the company has hidden its U.S. light by operating in the U.S. through several affiliates. Recently, it merged three into one company, Consolidated Electronics, which starts out with $90 million in sales. In 1958 the Antitrust Division cited Philips among a dozen companies accused of freezing...

Author: /time Magazine | Title: BUSINESS ABROAD: The Light of Holland | 12/14/1959 | See Source »

In an era of rising volume and constricting profit margins, Philips is the envy of its competitors. Although 1959 sales are 15% over 1958, the profit margin actually is widening (e.g., 7.6% so far in 1959 v. 6.8% last year). Even last year, Philips' return on sales was higher...

Author: /time Magazine | Title: BUSINESS ABROAD: The Light of Holland | 12/14/1959 | See Source »

The textile experts said it was folly: garment factories could never flourish in Hong Kong because of lack of water and trained workers. Besides, there was the powerful new force of Japanese competition. But Chen Che Lee, a wealthy young Shanghai cotton manufacturer, fooled the experts. In 1946, with $1...

Author: /time Magazine | Title: Business: Invasion from Hong Kong | 12/14/1959 | See Source »

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