Philips reorganizes semiconductor division
Peter Clarke
(05/03/2005 11:57 AM EDT)
LONDON — Royal Philips Electronics NV has reorganized its semiconductor division into four business units, the company said Tuesday (May 3).
The changes include the creation of an Automotive and Identification business unit. The other business units are Mobile and Personal, Home and Multi-Market semiconductors.
The changes take effect immediately, according to the company (Amsterdam, Netherlands).
"Our goal is to be a more agile and market-focused organization that has a sustained, solid contribution to value creation. Therefore, we will focus on four key growth markets where our strategy is to leverage current strengths and win new leadership positions," Frans van Houten, CEO of Philips Semiconductors, said in a statement.
Related Semiconductor IP
- Ultra-low jitter, low-power ring-oscillator-based PLL-3GHz-4GHz
- Image Warping IP
- Image Warping IP
- ML-KEM-X Post-Quantum Cryptography Core
- AXI5 to/from AXI4 Bridge
Related News
- Mentor Graphics and Philips Partner on USB Technology
- Silicon & Software Systems Ltd. (S3) selected as preferred supplier to Philips' semiconductor division
- Philips develops one-chip stereo radio for embedded use in consumer products
- Philips announces first 'fully-integrated' telematics processor
Latest News
- Kandou AI Selects Baya Systems to Power Its Attack on the AI Memory Wall
- Arteris Expands Partnership with Arm to Accelerate Semiconductor Cybersecurity
- OpenTitan Earl Grey 2 to support CHERI and PQC
- TSMC June 2026 Revenue Report
- Quadric Extends Series C to $46M with Second Close led by World Bank's IFC