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| | Philips announced today that it has acquired from its fully owned subsidiary Philips Electronics Industries (Taiwan) Ltd (PEI) approximately 1,928 million shares of Taiwan Semiconductor Manufacturing Company Ltd (TSMC). As a result PEI will no longer hold shares in TSMC and Philips is the sole holder of shares in TSMC held within the Philips Group. |
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| | The success of flat displays has increased the pressure on demand and prices for Cathode Ray Tubes (CRT). As a consequence, LG.Philips Displays (LPD), the CRT business-joint venture between Philips and LG Electronics, announced today impairment charges, which it will book in the fourth quarter of 2005. |
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| | Philips today announced it will start the process to create a separate legal structure for its Semiconductors business, giving Philips flexibility to pursue strategic options for further strengthening the longer-term performance of these activities. |
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| | Philips today announced that Philips’ Supervisory Board has decided to propose to the General Meeting of Shareholders on March 30, 2006, to appoint the current heads of the company’s five product divisions as members of Philips’ Board of Management, effective April 1, 2006. |
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| | Philips today announced it has sold approximately 18 million shares of common stock in LG.Philips LCD Co., Ltd. |
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| | Last Friday December 9 the draw for the 2006 FIFA World Cup™ took place in Leipzig, Germany. As an official sponsor of the competition, Philips arranged a series of celebratory activities to mark the occasion in Leipzig itself, Paris (France), Amsterdam (the Netherlands), Hamburg (Germany) and São Paulo (Brazil). |
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| | In a meeting with investors and financial analysts today, Royal Philips will discuss how the company's Domestic Appliance and Personal Care (DAP) and Lighting businesses are expected to build on their ongoing solid contribution to profitable growth and value creation at Philips. |
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| | Philips confirms today that Dr. Ir. Frederik Jacques (Frits) Philips died on 5 December 2005 in Eindhoven at the age of hundred. Frits Philips was president and chairman of the Board of Management of N.V. Philips' Gloeilampenfabrieken from 1961 to 1971. Under his leadership great progress was made in the worldwide expansion of the company's industrial and commercial activities. His endeavors were of inestimable value for Philips. Frits Philips was the only son of Dr. Anton Philips. |
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| | Reaffirming Philips’ pride in being an official sponsor of the 2006 FIFA World Cup™, the company is transforming the outside of its global headquarters in Amsterdam into a massive 800 square meter screen for the weeks before and after the Official Draw on December 9. |
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| | Today the judge at the Court of Justice at The Hague provisionally dismissed Heineken’s request that sales of the PerfectDraft, the beer tap for at home developed by Philips and Belgian company InBev, be stopped. Sales can continue. |