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Japan’s Funai told to pay Philips $152 million compensation

Chief Editor April 26, 2016 0 11 sec read
THE HAGUE, Netherlands (AP) ” Royal Philips says an international arbitration panel has ordered Japanese company Funai Electric Co. to pay the Dutch electronics firm 135 million euros ($152 million) compensation over a breach of contract. Philips launched the arbitration proceedings in 2013 after….


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