NXP Semiconductors Appoints Christos Lagomichos Executive VP - General Manager of Home Business.Strategic Hire Strengthens Home Business Unit EINDHOVEN, Netherlands -- NXP Semiconductors NXP (for Next eXPerience) Semiconductors is the name for the new semiconductor company founded by Philips as announced by its CEO Frans van Houten to its customers and employees in Berlin on Thursday night 2006-08-31 and to the global media early on Friday morning , the independent semiconductor company founded by Philips, today announced that Christos Lagomichos has been appointed Executive Vice President and General Manager of Business Unit Home effective September 1. The Home business unit creates semiconductors and system solutions for digital consumer electronics applications like TVs and Set-Top Boxes The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. . "Christos' appointment demonstrates that we are committed to bringing the best talent from the industry into leadership positions at NXP NXP Next Experience (formerly Philips Semiconductors) . His track record in generating results and his passion for success, in combination with our strong technology position, will prove very successful and I am convinced we will see rapid improvement in our results in the home electronics semiconductor market," said Frans van Houten Van Houten may refer to:
"It is a privilege to join a company as dynamic as NXP. The key ingredients for success are already in place: a strong heritage in television, audio visual systems expertise, a dedicated team of people and access to a strong customer base. With convergence taking place in the consumer media applications, NXP is well placed to drive the semiconductor integration. I would like to see NXP become the leader," commented Lagomichos. Christos Lagomichos joins NXP from STMicroelectronics, where he was Corporate Vice President and General Manager of ST's Home Entertainment & Displays Group. He has over 20 years' experience in the semiconductor industry, initially as a design engineer with Siemens Neuperlach. Originally from Greece, Christos has lived and worked in the US and across Europe, having graduated from the Technical University of Munich Munich University of Technology, or Technical University of Munich (TUM) (in German: Technische Universität München, TUM), is a major German university located in Munich (and the towns of Garching and Freising outside of Munich). in 1981 with a degree in electronic engineering. Christos will join the Executive Management Team of NXP and report directly to Frans van Houten. He takes over from Marc de Jong De Jong is the most common Dutch surname. Many people bear this name, including many important historical figures. Some of these people are mentioned below. De Jong may mean:
About NXP Semiconductors NXP is a top 10 semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has 37,000 employees working in more than 20 countries and posted sales of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5 billion in 2006. NXP creates semiconductors, system solutions and software that deliver better sensory sensory /sen·so·ry/ (sen´sor-e) pertaining to sensation. sen·so·ry adj. 1. Of or relating to the senses or sensation. 2. experiences in mobile phones, personal media players, TVs, set-top boxes, identification applications, cars and a wide range of other electronic devices. News from NXP is located at www.nxp.com. Note to Editors Nexperia is a trademark of NXP. All other brands or product names are property of their respective holders. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of NXP and certain plans and objectives of NXP with respect to these items. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. |
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