Saturday, December 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > General Computing > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 25, 2006
Philips' Semi Division to Sell for $10.2B


Philips Electronics NV's semiconductor division is close to being snatched up, according to a Wall Street Journal report.

The report quoted three people familiar with the situation as saying that groups of private-equity firms are in the final stage of bidding more than $10.2 billion for the division.

The Amsterdam-based Philips put the division up for sale last year so it could focus on its core consumer-products, lighting and medical-equipment businesses. The company said last month it would pursue an initial public offering of shares in the semiconductor division, but also began accepting bids from potential buyers, almost all private-equity firms.

The business unit employs more than 36,000 people and makes chips in five European countries in addition to the U.S., Singapore, Hong Kong and Taiwan. The company will make a decision after all bids are received at the end of the week.

Philips Semiconductors was ranked as the world's eighth largest semiconductor maker in 2005 by iSuppli, a market research firm. With revenue of $5.7 billion, it claimed 2.4 percent of the overall semiconductor market.


Previous
Next
BenQ Unveils LCD Monitor For Designers        All News        LG Accuses Samsung of Imitating Phone
Yahoo, Symantec Unveil Security Service     General Computing News      HDMI Backed by China Video Industry Association

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

Related News
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
MWC: Philips and Ericsson Unite On Smart Street Lighting
Philips Lighting System Guides You Through The Supermarket

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .