Dimanche 18 Juin @ VIPress.net

Philips sells optical pick-up and mobile displays business

Displays>Subsystems>Rest of Europe>Taiwan>Merger Acquisition>Strategy
18/06/2006 14:37:49 :


Philips Electronics confirmed closure of the deal, as announced on 9 January 2006, to transfer Philips' optical pick-up (OPU) business unit to Arima Devices, an affiliated company of Arima Computer, a Taiwanese group. As a result, Philips holds a 12% share in Arima Devices. The Dutch company also announced that it has completed the merger of Philips Mobile Display Systems with Toppoly Optoelectronics of Taiwan to form a mobile display company. The company is named TPO and it's principal shareholders are Compal Electronics (25.1%) and Philips (17.5%).



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