Thursday, April 17, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
TSMC Reports Quarterly Profit
Toshiba Debuts World's Fastest microSD Memory Cards
PlayStation 4 Sales Surpass 7.0 Million Units
Google Reports Lower Than Expected First Quarter revenue
AMD Demonstrates Next-Gen x86 APU Running Fedora Linux
Lenovo Introduces A to Z and FLEX 2 series Of Laptops and Desktops
Active Discussions
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
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Optical Storage > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 31, 2004
Philips to move out of front projector business


Philips today announced its decision to stop its front projector business. As a consequence, Philips will cease to be an independent manufacturer of front projectors.

Philips has decided to focus its resources on display technologies in which it has a leading position, such as LCD (Liquid Crystal Display), Plasma and LCOS (Liquid Crystal on Silicon), a rear projection technology. Philips is a global leader in flat TVs (LCD and plasma) and also sees potential in LCOS rear projection, which offers a large screen high definition picture quality with a small footprint.

The decision to exit the front projection business affects a total of approximately 270 jobs at the central offices and development centre in Eindhoven, the product introduction and production in Vienna, Austria, and the regional sales organizations.

It is the intention to stop production in the third quarter of this year. Philips will fulfil all its obligations to customers and continue to support them in the most appropriate way. In February of this year, Philips announced its withdrawal from the front projection business in the United States, where the market is predominantly in the business to business segment.

Philips is in consultation with the workers’ representatives on the employment consequences of the restructuring.


Previous
Next
Samsung expands use of SRS Labs' WOW Technology for its digital audio players        All News        Gigabyte teams up with Foxconn to counter Asustek
Samsung expands use of SRS Labs' WOW Technology for its digital audio players     Optical Storage News      Gigabyte teams up with Foxconn to counter Asustek

Get RSS feed Easy Print E-Mail this Message

Related News
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
Philips At CES 2014
Philips Celebrates 100 Years of Research
EU Raids Samung, Philips In Antitrust Probe
Funai Sues Philips For Breach of Contract
Philips Will Not Transfer Its Audio, Video And Multimedia Business To Funai
IFA: Philips Showcases Its First 4K UHD TVs
TPVision Introduces New Philips TV DesignLine 2013
Philips To Exit Hi-fis and DVD Players, Tranfers Business to Funai

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 .