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Dell agrees $5bn Philips contract

That's a whole lot of monitors...

By Aled Herbert

Published: 27 March 2002 15:59 GMT

Dutch electronics giant Philips has signed a five-year $5bn deal to supply computer components to Dell.

The agreement includes the supply of cathode-ray tubes, flat-panel monitors and storage devices.

The $5bn value of the deal is based on projections of 25 per cent year-on-year growth.

As part of the deal, Dell will become a preferred supplier to Philips of server and data-storage products, workstations and PCs.

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