Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
SEL Showcases 1058ppi And Foldable OLED Displays
New Outlook for Mac Available Now, Office for Mac Coming In 2015
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Toshiba Offers New 4TB and 5TB Desktop HDDs
Samsung Introduces New Ultra Slim Galaxy A5 and Galaxy A3 Smartphones For The Chinese Market
Sharp 2Q Profit Slides
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 Home > News > Consumer Electronics > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, December 05, 2006
Philips Scraps Plans to Sell Navigation Devices


Dutch Philips Electronics has shelved plans to make mobile personal navigation systems, the chief executive of Philips' consumer electronics unit said on Tuesday.

Rudy Provoost of Philips told analysts at a meeting that Europe's biggest consumer electronics producer would not enter the market for navigation devices, citing existing competition and the low profitability of introducing a new product in a saturated market.

Philips had said in June that it was planning to make its own navigation devices, which would weigh 160 grams and be 2 centimeters thick.

Philips had been planning to introduce the devices, priced at around 400 euros ($533), in Europe from September, but no products had appeared on shelves of retailers.

Philips was not the first mainstream consumer-electronics company to have look at the market for standalone navigation devices. Japan's Sony entered the European market earlier this year after specialized niche players such as TomTom and Garmin created a booming industry.


Previous
Next
Zenum Technology readies the new Opus        All News        Sirius introduces new Lower cost Portable Satellite Radio
Sandisk and Sony Develop "Memory Stick Pro-HG" Format     Consumer Electronics News      Samsung Develops an Integrated Display Driver with Readout Function for Touch-Sensor-Embedded Display Panels

Get RSS feed Easy Print E-Mail this Message

Related News
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
Philips to transfer Remaining Stake in TV Joint Venture to TPV

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 .