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Business

Nature 441, 1047 (29 June 2006) | doi:10.1038/4411047a; Published online 28 June 2006

In brief

Philips, the giant Dutch electronics company, has said it will dispose of its semiconductor business by the end of this year. The company would like to float the business, which could be worth at least US$6 billion, on the stock exchange, but may also sell it to a rival.