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Technology / AI and automation

PHILIPS PLANS AUSTRIAN LCD PROJECTOR PLANT

Philips Electronics NV will start producing LCD liquid crystal display projectors in Austria due to a surge in market demand, it said. The Dutch giant’s Vienna plant will have an independent unit which will produce more than 200 units a day. Philips says growth of LCD projectors is expected at 30% to 35% until the end of the century, and the worldwide market is expected to reach $13bn by 2000.

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