alleryStart learning →Why did Philips divest its NXP chip division?
AVolatile chip market drove its share swings
BChips were its most profitable unit
CA court ordered the sale of it
DPhilips wanted to exit Europe now
Answer & Solution
Correct answer: A. Volatile chip market drove its share swings
NXP was a small part of Philips but caused most of its stock fluctuations, so selling it improved stability.
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