Monday, October 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TDK Brings Wireless Charging To Electric Cars
Intel To Work With AT&T To Research Software Defined Networking
Intel Meegopad T01 Is A Bay Trail PC On HDMI Stick
Biostar Relases New iDEQ-T1 Compact Desktop
SK Telecom and Samsung Join Hands to Lead 5G Network Technology
Pantech Applied for Bankruptcy Protection In The US
Glonbalfoundries Buy IBM's Micorelectronics Business
Microsoft To Launch A Wearable Device Soon
Active Discussions
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
 Home > News > Optical Storage > Thomson...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, February 19, 2004
Thomson and Philips plan move away from consumer electronics


Thomson and Philips signals that their drastic restructuring strategies are working, the companies said after reporting strong fourth quarter 2003 financial results.

Still, the two companies differed sharply on where to go from here, and how each plans to execute plans for building a new core business that will be better shielded from the competitive and low-margin battleground of consumer electronics.

Neither Thomson nor Philips, despite the fame of their brands and their similar roots as leading TV manufacturers, wants to be known primarily as a consumer electronics company.

Thomson is angling to become a one-stop shop for megamedia companies such as News Corp., after completing a series of landmark acquisitions that included Grass Valley and Technicolor. The French company, which owns the leading consumer brands RCA and Thomson, is moving quickly into the more profitable professional video market by offering broadcast equipment, post-production and replication services and broadband access products such as set tops. Thomson's new mantra is to serve those in “the content creation, distribution and access” businesses.

Meanwhile,Philips'strategy under which it will narrow its focus on “healthcare, lifestyle and technology.” Gerard Kleisterlee, president and CEO of Royal Philips Electronics, said it is making a “significant shift to medical and healthcare systems at large.”


Previous
Next
Prodisc to export optical discs duty-free from Hong Kong to China        All News        Prodisc to export optical discs duty-free from Hong Kong to China
Prodisc to export optical discs duty-free from Hong Kong to China     Optical Storage News      Prodisc to export optical discs duty-free from Hong Kong to China

Source Link 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 .