REGISTER | LOGIN
Breaking News
Comments
Newest First | Oldest First | Threaded View
Page 1 / 2   >   >>
GREATTerry
User Rank
Author
re: NXP sells off sound division for $855 million
GREATTerry   12/24/2010 3:00:13 AM
NO RATINGS
NXP is big but it is also old (it is just Philips but changes the name). It just lose the focus and people may not know what to do. In this century, it is too difficult for such a big company to survive as the world is changing so fast. They need to cut out some non-profitable or not-so-profitable business in order to refocus on higher profit section. Saying that, audio system is indeed not high-end enough and the margin is so thin for such a big company. Good to see people try to think about high performance market rather than just huge but dirty and messy market.

Baolt
User Rank
Author
re: NXP sells off sound division for $855 million
Baolt   12/23/2010 9:57:01 PM
NO RATINGS
@Dave, this is the way of new KKR backed CEO, during last 2 years NXP either s gone to joint venture, or sell off with share owning. Besides thanks to private equity who filled inside of NXP with dept, and would like to get back their money. After sell off mobile unit they had 1,2B. TV and sat. unit to 600K, IPO release and now one more sell to 800K to cover up however +6B dept is huge where no ultimate sales growth is happening around. All admin team trying to assure people that company goes well on HPMS which is simply a fun story. unfortunately big NXP is gone to disappearing from top list, will remain very focused, shrunk company if KKR wont sell off

goafrit
User Rank
Author
re: NXP sells off sound division for $855 million
goafrit   12/23/2010 9:01:29 PM
NO RATINGS
What is really core business in this age of Apple and Google? Can you have a core business? Think of IBM that has become a consulting technical company. The world is being redesign and it is pity NXP was not up to the task. They have to sell assets. Too bad

goafrit
User Rank
Author
re: NXP sells off sound division for $855 million
goafrit   12/23/2010 9:00:54 PM
NO RATINGS
This seems strange when iconic companies are going down the drain. NXP is a global brand and it is shame they cannot compete.

goafrit
User Rank
Author
re: NXP sells off sound division for $855 million
goafrit   12/23/2010 9:00:13 PM
NO RATINGS
This seems strange when iconic companies are going down the drain. NXP is a global brand and it is shame they cannot compete.

yalanand
User Rank
Author
re: NXP sells off sound division for $855 million
yalanand   12/23/2010 6:21:42 PM
NO RATINGS
True Dave, compromise is better than making loss. If this step helps NXP raise some fund and concentrate on core business then this is step in right direction.

anoiret
User Rank
Author
re: NXP sells off sound division for $855 million
anoiret   12/23/2010 10:12:03 AM
NO RATINGS
I am not proud anymore for for having worked 9 good years for NXP, if all this continues (and there is not anymore the Company for which I I worked), in less tan 1 year it will be completely dismanteled. A

Dembusque
User Rank
Author
re: NXP sells off sound division for $855 million
Dembusque   12/23/2010 9:35:09 AM
NO RATINGS
One step further in the dismantlement of the former semiconductor division of Philips. No need to be suprised, this is the usual strategy of the private equity firms (like the ones who own NXP) to get money back after a LBO. I don't think NXP's interests (from an industrial point of view) have anything to do in there

Dave.Dykstra
User Rank
Author
re: NXP sells off sound division for $855 million
Dave.Dykstra   12/23/2010 4:09:40 AM
NO RATINGS
This certainly looks like it could be beneficial for both companies by allowing NXP to focus more on its core business while enable Sound Solutions to continue with its core business.

Bobbala
User Rank
Author
re: NXP sells off sound division for $855 million
Bobbala   12/23/2010 2:18:02 AM
NO RATINGS
huh NXP has been running out of cash. I worked for NXP, ST-NXP and ST-Ericsson(here STMicro took over the NXP share).

Page 1 / 2   >   >>


Most Recent Comments
rick merritt
 
Tim R Johnson
 
ewertz
 
antedeluvian
 
ewertz
 
perl_geek
 
R_Colin_Johnson
 
perl_geek
 
R_Colin_Johnson
Most Recent Messages
11/19/2017
3:31:42 PM
Like Us on Facebook
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Martin Rowe

Test Tool Finds Ethernet Wiring Errors
Martin Rowe
Post a comment
When my house was renovated several years ago, I had the electrician install network outlets in numerous places, then run the LAN cables to a wiring closet. But he didn't document the ends ...

Martin Rowe

Local Electronics Store Supplies Engineers and Hobbyists
Martin Rowe
5 comments
Rochester, N.Y. — Tucked away in this western New York city known for its optics is Goldcrest Electronics, a local store that's supplied businesses and individuals with electronic ...

Martin Rowe

How to Transform a Technology University (Book Review)
Martin Rowe
1 Comment
The Presiding Genius of the Place by Alison Chisolm. WPI, Worcester, Mass., 234 pp., 2016. Engineers love to discuss, and often criticize, engineering education. They often claim ...

Max Maxfield

Aloha from EEWeb
Max Maxfield
Post a comment
Just a few minutes ago as I pen these words, I posted this blog about this month's Cartoon Punchline Competition over on EEWeb.com.