Philips raises $1.45 bln from TSMC share sale
128391
Dutch electronic's giant Philips said Monday it had raised 980 million euros (1.45 billion dollars) from the sale of 800 million shares in the world's largest chip foundry, Taiwan Semiconductor Manufacturing Company (TSMC).
454526
High-level executives from Japan's Sharp   Corp. 6753.T traveled to South Korea last week to visit   LG.Philips LCD Co. Ltd. 034220.KS, as Philips PHG.AS seeks   a buyer for its 32.9 percent stake in the Korean LCD firm,   Taiwan media reported on Friday.
96399
U.S. stocks were set to move slightly  higher at the open on Friday with a $1 billion share buyback at  Texas Instruments Inc. TXN.N supporting technology stocks,  although rising oil prices could limit gains.
25631
Philips Electronics, Europe's biggest consumer electronics maker, posted a 22-percent rise in second-quarter operating profit on Monday thanks to an improved performance at its domestic appliances unit and lower overheads.
258484
Dutch Philips Electronics   said on Wednesday it plans to repurchase 5  billion euros ($7.2 billion) worth of its own shares within the  next two years.
252111
Shares in LG.Philips LCD Co Ltd  (034220.KS) surged on Friday on market talk Japan's Matsushita  Electric Industrial was buying a stake in the South Korean flat  screen maker, but both firms poured cold water on the talk.
483532
Texas Instruments Inc., the largest maker of chips for cellular phones, on Thursday said it plans to buy back &#36;1 billion in stock and boost its quarterly dividend by more than 17 percent, becoming the latest technology company to return extra cash to investors.
308182
Royal Philips Electronics NV said Friday it will bid around $5.1 billion for Respironics Inc., a maker of medical devices that assist or monitor breathing.
418260
The Dutch electronics group Philips said that it is selling its low-brand flat screens business group to TPV Technology of Taiwan as part of a strategic change of direction, and in line with a trend by big groups to use Asian partners to cut costs.
91811
Philips Electronics NV, the Dutch electronics maker, said Wednesday it will take a &#36;752 million charge in the fourth quarter to reduce the estimated value of its stake in U.S. medical transcription company MedQuist Inc.
59945
Philips Electronics NV is to buy U.S.  medical products company Respironics Inc for 3.6 billion euros  ($5.2 billion), its biggest ever acquisition, as it expands in  the fast-growing healthcare sector.
40095
Philips Electronics   said on Monday it had completed the sale of 800 million shares  in Taiwan Semiconductor Manufacturing Company (2330.TW) valued  at about $1.5 billion.
179591
Often pigeonholed as just a seller of televisions and DVD players, Royal Philips Electronics said Tuesday that its third-quarter profit surged despite
497419
(InfoWorld) - Koninklijke Philips Electronics has completed the sale of an 80.1 percent stake in its chip division to a group of private investment houses, the company said Saturday. The stake in NXP Semiconductors, theÂ new nameÂ of the chip unit,Â was sold to a groupÂ including Kohlberg Kravis Roberts & Co. (KKR), Silver Lake Partners, and AlpInvest Partners. Philips expects to take in â¬6.4 billion ($8.12 billion) in cash from the sale, after taxes. The European electronics giant will keep a 19.9 percent share of the business. Philips said the deal places the value of NXP at â¬8.3 billion. There have been a number of chip industry deals this year, including aÂ $17.6 billion offer for Freescale SemiconductorÂ last month. In July,Â Intel soldÂ its communications and application processor business to Marvell Technology Group for $600 million, while earlier this year,Â PMC-Sierra acquiredÂ the storage semiconductor business formerly owned by Agilent Technologies for $425 million.
199395
currently CEO of Philips&#39; consumer electronics business groups -- will succeed the unit&#39;s CEO Scott McGregor. The company is scheduled to hold a Semiconductors and Technology analysts day in Holland on Friday.
48081
AMSTERDAM  - The Dutch electronics group Philips said that it is selling its low-brand flat screens business group to TPV Technology of Taiwan as part of a strategic change of direction, and in line with a trend by big groups to use Asian partners to
678966
Dutch Philips Electronics   missed analysts forecasts on Monday with second-quarter net  profit depressed by price pressure in LCD displays, but sales  and operating profit rose faster than expected and it announced  a 1.5 billion euro (&#36;1.90 billion) share buyback.