Philips and Cisco send a chill through technology sector

Article Abstract:

Philips Electronics NV forecasted lower-than-expected earnings for the 2001 first-quarter period. The company also said it would be laying off 7,000 employees as it deals with economic slowdown worldwide.

Labor force information

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Thomson Multimedia issues gloomy outlook for sector

Article Abstract:

Thomson Multimedia S.A. is forecasting that its earnings for the 2001 second-half will not improve from the first-half period. The company posted a 32% increase in its net profits for the first-half.

France, Thomson S.A.

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Philips sees gain of 525 million euros from JDS stake

Article Abstract:

Philips Electronics NV is expecting to post a 525 million euros gain for the 2000 first-quarter. The high expectations result from the firm's acquisition of JDS Uniphase Corp.

Forecasts, trends, outlooks

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