Dutch Gerard Kleisterlee, Chief Executive of the Dutch consumer electronics group Philips speaks dur.., 2003-02-11...

Dutch Gerard Kleisterlee, Chief Executive of the Dutch consumer electronics group Philips speaks during the presentation of the company's annual results in Amsterdam February 11, 2003. [Europe's largest consumer electronics group plunged to the biggest net loss in its history last year due to hefty one-off charges and said on Tuesday it saw no short-term economic recovery. Philips' key semiconductor unit, Europe's third biggest, turned in a wider-than-expected fourth-quarter loss of 140 million euros on sales of 1.01 billion euros, while its components business, which will be folded largely into the chips unit, was also in the red.]