Philips plans to cut 2,200 people again to cut costs to $1.4 billion

On September 11, Philips announced that it will raise its cost reduction target to 1.1 billion euros (about 1.4 billion US dollars) and will lay off 2,200 people again. The company is currently struggling against the tough economic environment and pension costs.

Philips previously said it would cut spending by 800 million euros, and it has announced a layoff of 4,500 last year. Philips CEO FrensvanHouten said that “the identified additional indirect cost reductions will help us mitigate the impact of macroeconomic weakness and changes in pension costing, which will make us a more flexible and innovative company, effective Serving our global customers."

After two consecutive quarters of better-than-expected results, Marriott said in July that Philips is in a "sustainable recovery model," but he did not rule out further steps to cut costs.

Control impedance PCB
Many customers asked us what information we need for impedence control PCB.Here,there are two types for PCB manufacturer,a is single impedance ,just one trace ,two holes .and b is differential impedance,it always go with 1 pair (two trace with same width and space). For single impedance,you just tell us the trace width one which layer and what value you require .For differential impedance,trace width/space,layers and value. Our experience engineers will calculate following your instruction with Polar software.We may change trace width/space or stackup ,but please do not worry, if any changes,we will send you to approve before proceeding. Generally,the tolerance is 10%,and more accurate is 8% .All impedance boards ,we will test here and report.


Impedance Control Board

Impedance Control Board,Impedance Controlled PCB,Gold Fingers PCB,Impedance Control PCB

Storm Circuit Technology Ltd , http://www.stormpcb.com

Posted on