Philips Sees Flat Chip Market in 2005
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EINDHOVEN, Netherlands  - Philips Electronics said  on Tuesday it had trimmed its 2005 global chip market outlook  to zero growth from a previous 5 percent rate forecast.
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Dutch electronics giant Royal Philips Electronics NV said it had lowered its outlook for semiconductor sales in the third quarter, as had been widely expected by analysts.
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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.
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TOKYO: Toshiba said on Thursday it would make programmable microchips for Xilinx from the first quarter of the 2005 calendar year, in a deal seen helping shield the Japanese firm from fluctuations in global demand.
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Texas Instruments Inc , the world's top mobile phone chip maker, said on Thursday it expects global sales for analog chips to double over the next seven years, fuelled by growing demand for consumer electronics.
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The chipmaker plans to release the Ornand family of flash memory chips in 2005, which could lead to expansion into wider markets.
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LONDON (CBS.MW) -- Philips Electronics on Friday lowered its forecast for semiconductor sales, just two days after the head of the unit said he was stepping down.
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(InfoWorld) - Philips Semiconductor unveiled its new name Thursday, becoming NXP after 50 years as the semiconductor division of the Dutch electronics conglomerate. NXP stands for "Next Experience," the company said in a statement. The name was changed afterÂ a group of private equity firms bought an 80.1 percent stake in the company. Bain Capital, Silver Lake Partners, Apax and AlpInvest Partners NV worked withÂ leader Kohlberg KravisÂ RobertsÂ & Co.Â on the deal, and Koninklijke Philips Electronics N.V. retained a 19.9 percent stake in the chip maker. Frans van Houten will continue as the company's chief executive officer. The new shareholders will invest â¬1 billion (US$1.28 billion) in research and development, the company said, but did not specify over what period. The company will maintain its headquarters in Europe, with a total of about 37,000 employees in 20 countries.
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The head of the chip division of electronics group Philips unexpectedly stepped down on Wednesday, raising worries that the key division is performing below expectations.
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The global personal computer market is expected to grow at a modest pace in 2005 as the economic recovery slows, according to a report Wednesday by a market research firm.
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After an absence of a decade, Philips Electronics is making personal computers again, the company said on Thursday.  The Netherlands-based electronics conglomerate, which abandoned the PC business in the early 1990s after suffering big losses, quietly introduced six models together with British retailer Dixons earlier this week.
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LONDON, December 2  - Analyst Angela Dean of Morgan Stanley expects mobile handset market growth to moderate in 2005.
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Investor's Business Daily - Portable media players, high-definition televisions and home networking gear are likely to be the talk of the 2005 International Consumer Electronics Show, which opens Thursday in Las Vegas.
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After an absence of a decade, Philips Electronics is making personal computers again, the company said on Thursday. The Netherlands-based electronics conglomerate, which abandoned the
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After an absence of a decade, Philips  Electronics is making personal computers again, the company  said on Thursday.  The Netherlands-based electronics  conglomerate, which abandoned the PC business in the early  1990s after suffering big losses, quietly introduced six models  together with British retailer Dixons earlier this week.
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Philips Electronics, Europe&#39;s largest consumer electronics company, lowered its sales forecast for its semiconductor division, representing the latest sign that the sector is suffering a slowdown after a long period of rapid growth.
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ANNUAL growth in global semiconductor sales will probably fall by half in 2005 and memory chip sales growth could collapse as a supply glut saps prices, Samsung Electronics has warned.