Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Philips Transfer Mobile Phone Production to Chinese Company
Posted on 12-Oct-2006 20:52 | Tags Filed under: News



Royal Philips Electronics has signed a letter of intent to transfer its remaining Mobile Phone activities to China Electronics Corporation (CEC).

CEC will take over the responsibility for Philips’ Mobile Phones business, which currently has an annual turnover of approximately EUR 400 million and approximately 240 employees, mainly in Asia Pacific and Eastern Europe.

Under the terms of the letter of intent, CEC will receive a global license to market and sell mobile phones under the Philips brand for the coming five years.



comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Vodafone / SKY merger
Created by wingbat45, last reply by richms on 23-Feb-2017 22:59 (131 replies)
Pages... 7 8 9


The President Of The USA: Donald Trump
Created by TimA, last reply by MikeB4 on 23-Feb-2017 22:42 (3268 replies)
Pages... 216 217 218


Mikrotik RB 3011 multiple port flapping (Title updated)
Created by RobBB, last reply by RunningMan on 22-Feb-2017 21:54 (57 replies)
Pages... 2 3 4


Best way to network my computers
Created by Rikkitic, last reply by yitz on 23-Feb-2017 14:54 (72 replies)
Pages... 3 4 5


"Parents' lawsuit claims FaceTime caused daughter's death"
Created by kingdragonfly, last reply by richms on 23-Feb-2017 11:03 (23 replies)
Pages... 2


Android (FB) Messenger App Bugs/Issues
Created by TimA, last reply by tripp on 21-Feb-2017 19:45 (20 replies)
Pages... 2


SureSignal missed calls
Created by hairy1, last reply by froob on 23-Feb-2017 20:23 (19 replies)
Pages... 2


geekzone ads are out of control
Created by 1101, last reply by DarthKermit on 23-Feb-2017 02:11 (57 replies)
Pages... 2 3 4