Philips Semiconductor sold to private-equity firm; Repositions for future competition.(News)

RCR Wireless News, August, 2006

Byline: PHIL CARSON

Look out, Texas Instruments Inc. and Infineon Technologies AG. Your closest competitor in EDGE baseband chips and W-CDMA RF transceivers, respectively-Philips Semiconductor-has a new, ambitious owner anxious to position its acquisition to eat your lunch. Or at least grow Philips Semiconductor by feeding on the market share of other players such as Broadcom Corp., Freescale Semiconductor Inc. and Analog Devices Inc. in EDGE and Qualcomm Inc., Freescale and Renesas Technology in W-CDMA.

Overall, Philips Semiconductor ranks as one of the top 10 chip vendors in the world, though it alternately leads or follows its competitors in market share, depending on the specific technology in question.

Philips Electronics sold...

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