Philips says completes sale of TSMC shares
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Philips Electronics  said on Monday it had completed the sale of 800 million shares in Taiwan Semiconductor Manufacturing Company  valued at about $1.5 billion.
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InfoWorld - Taiwan Semiconductor Manufacturing (TSMC) posted record sales and net profit in the fourth quarter as demand for chips in communications, computers, and consumer electronics products soared, the company said Thursday.
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Dutch Philips Electronics   said on Friday it is to buy U.S. medical  products company Respironics for 3.6 billion euros ($5.17  billion) or $66 per share to strengthen its healthcare  business.
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Europe&#39;s top consumer electronics group Philips cut the forecast for its closely-watched semiconductor unit on Friday, saying it expects third quarter sales to be flat from the second rather than rising.
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Philips Electronics said it will  write off $753 million for its healthcare unit MedQuist,  leaving analysts wondering if Philips will need to restate its  earnings.
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Philips Electronics, a rally on Wall Street, and tamer oil prices lifted European shares on Monday, but trading volumes and corporate news are remain thinned by the holidays.
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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.
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IPTV kit too UK-based Pace Micro Technology has agreed to buy Philips' set-top box business in exchange for 70m of its shares - equivalent to 23 per cent of the business - the two consumer electronics companies said today.â¦
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Philips Electronics, Europe&#39;s largest maker of CD players, said Thursday that it had sold its 3 percent stake in Vivendi Universal, owner of the world&#39;s biggest music company.
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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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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.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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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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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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The acquisition of Respironics, which makes medical devices that assist or monitor breathing, is one of a steady stream of takeovers of U.S. companies by Philipsâ medical arm.
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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.
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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.
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IT services vendor LogicaCMG Plc's involvement in the mobile communications software space is over following the sale of its telecoms products division to a private equity group for 265m pounds ($348m) in cash.