Saturday, January 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AT&T, Verizon Among Winners Of US Airwaves Auction
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let USers Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Jolla Tablet Returns to Indiegogo With A 64GB Version
BT Sees Ultrafast Broadband Not Coming Earlier Than 2025
Google To Change Privacy Policy After UK's Watchdog Investigation
HDDs Shipments Increased In 2014
Active Discussions
Why Double Logins ?
retrieving burned cd information
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
 Home > News > Consumer Electronics > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, October 25, 2004
Philips: No plans to drop consumer electronics


Royal Philips Electronics said on Wednesday it had no plans to abandon consumer electronics, its largest activity.

"We have no plans to abandon consumer electronics," a Philips representative said, after German newspaper Die Welt quoted the company's Chief Executive Gerard Kleisterlee as saying parts of the consumer electronics activities may be divested or closed.

"It's natural for a company to examine specific activities on an ongoing basis with respect to competitiveness and profitability. That goes for the entire company," the representative said.

Philips consumer electronics unit generates the largest portion of sales, but has consistently low profit margins. European rival Thomson has put its consumer electronics production in a venture with China's TCL.

Kevin Rollins, the CEO of technology maker Dell, said the consumer electronics sector was "fundamentally challenged," in an interview with News.com. He added that the largest consumer electronics manufacturers were "doing terrible."

Philips is the world's biggest lighting maker, a top three hospital equipment maker, Europe's biggest consumer electronics producer and the region's No. 3 in semiconductors.


Previous
Next
Pioneer to produce OLED phone screens next year        All News        Toshiba reportedly readying HD DVD laptops
Mobile PC battery group says displays now consume less power     Consumer Electronics News      Pioneer Releases 5 New DVD Recorders

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Philips Fidelio NC1L Headphones Go battery-free When Connected to Your iOS Device
TP Vision To Integrate Android into Philips TVs
Philips and Nintendo Resolve Patent Disputes
Philips 272G5DYEB 27-Inch G-SYNC Monitor launching Soon
Philips to Appeal $467 Million Patent Infringement Lawsuit
Philips Expands Its Series Of Ultra HD TVs Powered by Android
New Philips Hue Beyond Combines Functionality And Ambient Lighting for Home
Philips to Create New Lumileds and Automotive Lighting Businesses Company
Philips and Salesforce.com To Deliver Cloud-based Healthcare Information Technology
EU To Fine Philips, Infineon And Samsung
Philips to Sell WOOX Innovations to Gibson
Philips Announces Its 2014 TV Lineup

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .