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Electronics giant Philips issues profits warning (CNN)
Royal Philips Electronics NV issued a profit warning Thursday, saying its markets are deteriorating and that it expects additional charges and write downs of €1.2 billion ($1.51 billion) in the fourth quarter.
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TRW Automotive Withdraws Full-Year 2008 Guidance on Continued Weakness in Global Automotive Markets (PR Newswire via Yahoo! Finance)
TRW Automotive Holdings Corp. , today announced the withdrawal of its Full-Year 2008 sales and earnings guidance, which was last provided on October 30, 2008.
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Philips Won’t Meet Earnings Goal Amid Economic Slump (Update3) (Bloomberg)
Dec. 4 (Bloomberg) -- Royal Philips Electronics NV , Europe’s largest maker of consumer electronics, said it won’t meet its target of doubling earnings by 2010 as the weakening economy hurts demand for consumer and automotive products.
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ViEWcon Munich to Spotlight VaST Electronics Virtualization Approach (Centre Daily Times)
VaST, the leader in electronics virtualization, will host ViEWcon '08 at the Holiday Inn-City Centre in Munich, Germany, on Monday, December 8. The one-day conference is focused on Automotive and Wireless Systems Virtualization and how electronic and software engineers are using virtualization and VaST's revolutionary virtualization technology to change the way electronics systems are ...
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Philips Issues Fourth-Quarter Profit Warning (TheStreet.com)
The Dutch-based industrial conglomerate says conditions have worsened in the consumer products, construction and automotive markets, which impact its lighting and consumer electronics divisions.
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Philips Says It Won’t Meet Profit Target Amid Slump (Update1) (Bloomberg)
Dec. 4 (Bloomberg) -- Royal Philips Electronics NV , Europe’s largest maker of consumer electronics, said it won’t meet its goal of doubling earnings per share by 2010 because the weakening economy is hurting demand for consumer and automotive products.
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Chip companies set to drive hybrid vehicle opportunities (EETimes)
The semiconductor market supplying hybrid powertrains will increase rapidly from $384 million this year to $1.3 billion in 2015, mainly in power devices but also in analog microcontrollers and sensors, according to Strategy Analytics' automotive electronics group.
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ViEWcon Munich to Spotlight VaST Electronics Virtualization Approach (Business Wire via Yahoo! Finance)
MUNICH, Germany----VaST, the leader in electronics virtualization, will host ViEWcon '08 at the Holiday Inn-City Centre in Munich, Germany, on Monday, December 8. The one-day conference is focused on Automotive and Wireless Systems Virtualization and how electronic and software engineers are using virtualization and VaST's revolutionary virtualization technology to change the way electronics ...
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Arroyo leaves for Asia-Europe meet in China (Sun Star)
PRESIDENT Gloria Macapagal-Arroyo will leave Thursday morning for a five-day trip to China to attend the 7th Asia-Europe meeting (Asem) from October 24 to 25 as well as promote the automotive and electronics industry in the country.
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Christopher Associates Announces Multiple Inspection Technology Sales (Centre Daily Times)
Christopher Associates Inc. (Santa Ana, CA) today announced that while business has slowed in the electronics manufacturing industry, their own sales have kept pace. Recent installations include multiple Koh Young solder paste inspection systems at Vicor Corporation (Andover, MA), Mack Technologies (Melbourne, FL), and TRW (Winona, MN), as well as at a major automotive electronics EMS ...
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