As With Other Chip Makers, Sales Begin to Stall at Philips
556055
Signaling a possible wider slowdown in the semiconductor industry, Royal Philips Electronics on Friday became the latest company to say that sales had begun to stall.
525175
Global microchip sales will grow  by only 1.8 percent this year, much slower than an earlier  projection of a 10 percent increase, as prices in key markets  tumble, an industry group said on Wednesday.
363570
Profit soared at technology conglomerate Philips Electronics NV in the third quarter thanks in part to gains on selling shares in other companies, but sales of consumer electronics were weak and the company said computer chip sales would be flat in the fourth quarter.
348942
Worldwide semiconductor sales rose a scant 1.5 percent in October, to $18.8 billion from $18.5 billion in September, as many chip users pared bloated inventories, the Semiconductor Industry Association said on Friday.
139005
Shares in chipmaker Infineon (IFXGn.DE: Quote, Profile, Research) fell 3 percent on Tuesday after Philips (PHG.AS: Quote, Profile, Research) gave a cautious outlook for its chips unit and analysts worried the German firm
571472
Four years later, chip maker still struggles to compete with AMD and Intel.
354437
Europe&#39;s top consumer electronics group Philips cut the sales forecast Friday for its closely-watched chip unit and predicted much slower growth for the semiconductor industry next year.
388982
Texas Instruments Inc., the world&#39;s biggest maker of mobile-phone processors, narrowed its fourth- quarter sales forecast because industrial customers for its chips continue to reduce inventory.
665997
The semiconductor unit of Philips Electronics is adopting a new name, NXP, as it pursues a strategy to supply chips to the fast-growing market for advanced electronics products.
150786
Four years after its splashy launch, chip maker is still struggling.
631614
TOKYO Global sales of semiconductor equipment will fall short of forecasts this year and shrink next year, according to a survey of manufacturers released Wednesday.
461111
Swiss Re led European shares lower on Friday, but Dutch conglomerate Philips helped limit market losses as a chip sales warning was not as bad as feared.
506929
Philips, Europe&#39;s largest maker of consumer electronics, has reported a higher-than-expected third-quarter operating profit. But the company is cautious about the future, warning that high oil prices and unrest in Iraq were hitting demand.
504254
At the same time, an increase in inventory is making chip vendors and distributors worried.
410144
AMD has delayed general availability of some key products until early next year, when it projects the chips, along with other new processors, will return it to profitability.The biggest hit went to its quad-core microprocessor, code-named Barcelona, which it needs to compete against Intel among server vendors. The chips, along with AMD&#39;s desktop platform, Phenom, won&#39;t be generally available to customers until the first quarter of next year. The products were supposed to ship in volume by the end of this year, but&#160;a technical design error in the chips caused AMD to slow the schedule so it could apply a fix, said Dirk Meyer, the company&#39;s president and COO in a meeting with analysts on Thursday.The company&#39;s Puma platform, a set of chips aimed at laptop PCs, will also be delayed until the second quarter of next year, a costly miss considering the fact that the laptop PC market is growing at around 30 percent per year.AMD also reduced its planned spending on new production lines to $1.1 billion from a previous estimate of $1.7 billion and said all its business divisions wouldn&#39;t return to profitability until next year.The statements caused AMD&#39;s stock to fall as much as 5 percent during early trading on the New York Stock Exchange, before rebounding to down just 1.8 percent, at $8.81 in the afternoon. The market was still open as of this writing.AMD executives apologized for missteps, such as the delay in Barcelona.&quot;We blew it, we&#39;re very humbled by it, we learned from it, and we&#39;re not going to do it again,&quot; said Hector Ruiz, chairman and CEO of AMD. He said AMD would go back to its habit of under-promising and over-delivering.To start, the company will be on a path to break even financially by the second quarter of next year and return to profitability by the end of the third quarter, he said. The financial performance will be boosted by the launch of several new products in graphics, chipsets, digital TV processors, and more, not including the delayed products.The company forecast its processor shipments will rise at least 15 percent next year, while graphics processor shipment growth will be greater than 6 percent, digital TV processors more than 13 percent, and handheld chips up 8 percent.AMD&#39;s gross margin will rise to between 46 percent and 50 percent next year, up from 37 percent during the past four quarters, said Bob Rivet, chief financial officer of AMD.&quot;We&#8217;re in a massive product refresh. In 2007, we were living on some old stuff. 2008 is all new stuff, and we believe it will yield goodness,&quot; he said.
219725
Intel on Tuesday released third-quarter financial results showing that it continues to struggle to sell a substantial stockpile of computer chips as demand for personal computers remains slow.
18626
LONDON (CBS.MW) - Philips Electronics, the largest consumer electronics maker in Europe, on Tuesday cautioned it expects flat sales in its semiconductor business in the fourth quarter and is seeing ongoing margin pressure in consumer electronics.