Philips could have done this and become Europe's biggest company and a leader in semiconductors and GPUs now That is if it wasn't ran by midwit MBA scavengers like Cor Boonstra (1996-2001) who only cared about short term profits
He divested ASML and TSMC because he "didn't understand the businesses they were in", truly a midwit of epic proportions
Gerard and Frederik Philips (the original founders) are turning in their graves for sure
What a fumble
#### MARCELL
@madietlx · 6h ago @levelsio But what if those companies became so big and successful in the first place because they could do their own thing? Not sure that that would have happened under one roof at all or to this extent.
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One Sentence Summary
The author argues that Philips missed a massive opportunity to lead in the semiconductor and GPU industries by divesting ASML and TSMC due to short-term management focus.
Summary
This tweet provides a critical historical perspective on Philips' corporate strategy under CEO Cor Boonstra. The author contends that the divestment of ASML and TSMC was a major strategic failure driven by a focus on short-term profits, preventing Philips from becoming a dominant force in the semiconductor and GPU markets. It serves as a commentary on the long-term consequences of prioritizing quarterly gains over technological leadership.
AI Score
75
Influence Score 18
Published At Today
Language
English
Tags
Philips
ASML
TSMC
Corporate Strategy
Business History