| Philips’ Q1 Earnings Fall 75% |
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| Monday, 14 April 2008 08:21 | |||
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AMSTERDAM – Royal Philips Electronics’ first-quarter profit was $420 million, down 28% year-over-year, the company reported today. Net income fell 75% year-over-year to $344 million. Overall sales were $9.46 billion, up slightly from a year ago. First-quarter revenue last year had benefited from a $1.2 billion addition from the partial sale of the company’s stake in Taiwan Semiconductor Manufacturing Corp. Profit for the consumer lifestyle division, including music players and TVs, was $122 million, down 45% compared to first quarter last year; sales fell 5% to $4.2 billion. Philips is Europe’s largest consumer electronics company.
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| Last Updated on Monday, 14 April 2008 08:22 |
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Polyonics Introduces Double Coated Bonding Tapes
Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
