Peel and the acquisition of Philips China, "raise" – Philips, Philips TV – household appliances

Written by thalib on November 18th, 2010

Peel and the acquisition of Philips China, "raise" – Philips, Philips TV – household appliances

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Home Page > Deportes > Rugby > Peel and the acquisition of Philips China, "raise" – Philips, Philips TV – household appliances

Peel and the acquisition of Philips China, "raise" – Philips, Philips TV – household appliances

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Peel and the acquisition of Philips China, "raise" – Philips, Philips TV – household appliances

By: vivi

About the Author

I am a professional editor from China Product, and my work is to promote a free online trade platform.
http://www.himfr.com/ contain a great deal of information about
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welcome to visit!

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Article Source: http://www.articlesbase.com/ – Peel and the acquisition of Philips China, "raise" – Philips, Philips TV – household appliances

to the Chinese public is concerned, Philips can be called diversification typical of large enterprises. The judge from the lives most of the time the visual experience?? In any of a large department store in China, often can buy logo printed Philips home theater, display,

Mobile

, Shavers, lighting equipment … …

 But in fact, in recent years, a series of divestitures Philips and quietly changing mergers and acquisitions to change their public image in the “large” image. In accordance with Philips to say, by the corresponding “raise”, Philips will focus on the future of “medical care, lighting, quality of life” three areas.

 Subtraction: divest non-core business

 In the past few years, Philips products continuously from the camp itself was widely familiar strip of mobile phones, displays, semiconductors, consumer electronics business.

 In the eyes of many consumers, Philips monitors used to be a very popular choice. However, in recent years, and the AOC,

Samsung

, ViewSonic, Acer? And other brands displays intense competition, too many resources into profits and increasingly diluted the display business has made Philips the edge of the entire company’s product line. DisplaySearch data show that the first quarter of this year, Philips monitor global shipments of only 1.1 million units, ranked 10th, well below the Samsung shipped 6.1 million units, and even behind the crown of its OEM Czech technology branded monitors 1.8 million units shipped.

 Monitor the downturn in the market in recent years has dragged down the performance of the Philips company’s overall profitability. In early July 2008 announcement that Philips has been with the foundry giant?? Taiwan’s TPV Technology have reached a brand licensing agreement, would constitute a Philips monitor business, employees, customers, inventory and other related assets of all sales to the latter. This means that Philips has been out in the global display market.

 In fact, in addition to displays, when in April this year, Philips announced that it would no longer produce sales to the U.S. and Canada

TV

Machine, and the right to use the brand-related transfer to Japan. Before that contraction of a series of business moves, but also strongly underscores the intent of Philips implementation of business contraction.

 From late 2002, Philips has sold a communications, security and graphics business unit and engage in health-care products division; first half of 2003, but also by more chip production to contract manufacturers in Asia and has Close the two chip factories, the gradual contraction of chip production; the end of 2004, Philips will be part of the notebook monitors and flat screen TV business to TPV company; in October 2006, Philips will transfer its mobile phone business China Electronic Information Industry Group. In August of this year, Philips issued a notice indicated that the company has sold out all of TSMC shares held by the hands, completed ahead of plan to exit the semiconductor business.

 Enterprise business contraction is often accompanied by pain?? Philips released the first quarterly filing, the company’s overall sales rose to 5.965 billion euros, but the decrease was offset by sales of the TV business of medical health care and lighting business growth. Looking forward to more dividends for shareholders, this is not their wish to see.

Philips CEO Gerard Kleisterlee to consider not only profit from the pressure of the expectations of shareholders, but also need to look beyond this to Philips to create a sustainable future. In the recent years, he led a series of business divestiture strategy, the ultimate point to the same purpose: the concentration of superior resources, fought in high-profit industries. In fact, the Philips business shrink in recent years and it also has a strategy of diversification in large companies in the common colors: General Electric, Siemens, Hitachi, Toshiba will have

Home Appliances

, Mobile phone, PC and so on down the traditional business profit spin off.

 Additions: M tentacles toward the Chinese enterprises

 Constant in the traditional electronics, “downsizing” for Philips in the new core business areas to determine the maneuvers with more space?? Since 2005, Philips lighting, medical, and other areas of the total M & A has more than 10 billion euros.

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