Feeds

Philips loses interest in navigation

Steers clear of crowded market

Providing a secure and efficient Helpdesk

Philips has gone into reverse on plans to enter the market for personal navigation devices because of fears the sector is getting too crowded.

Consumer electronics division chief executive Rudy Provoost confirmed the U-turn to analysts today.

Philips demonstrated its navigation products at the IFA fair in Berlin a couple of months ago, aiming for a launch in early 2007.

Philips was planning to develop its own navigation devices on a "smart cradle". The moment the navigation device would be placed on this docking station - mounted on the car windscreen - the main functions would be accessed through the docking station controls. The docking station would also incorporate a built-in amplifier and loudspeaker.

The Philips PNS range, announced in June, consisted of three models. Some would have included a built-in Traffic Message Channel (TMC) receiver to automatically warn of roadworks or traffic jams and suggest alternative routes.

However, under concerns that increasing competition would result in low profitability, Philips today confirmed that none of these products would be released.

Shares in navigation market leader TomTom rose on the Amsterdam blue-chip AEX index as a result of the news.

TomTom also faces increasing competition from companies such as Nokia and Samsung. The navigation market has grown from a niche market to an estimated six million to nine million units this year in Europe alone.®

New hybrid storage solutions

More from The Register

next story
Apple iPhone 6: Missing sapphire glass screen FAIL explained
They just cannae do it in time, says analyst
Quit drooling, fanbois - haven't you SEEN what the iPhone 6 costs?
How keen will buyers be when exposed to the real price?
Slap my Imp up: Bullfrog's Dungeon Keeper
Monsters need to earn a living too
Amazon axes hated Fire Phone price: 99 pennies but a niche? Ain't none
Forgive the double negative but seriously, no one wants this mobe
Apple's big bang: iPhone 6, ANOTHER iPhone 6 Plus and WATCH OUT
Let's >sigh< see what Cupertino has been up to for the past year
The Apple Watch and CROTCH RUBBING. How are they related?
Plus: 'NostrilTime' wristjob vid action
Oh noes, fanbois! iPhone 6 Plus shipments 'DELAYED' in the UK
Is EMBIGGENED Apple mobile REALLY that popular?
Apple's SNEAKY plan: COPY ANDROID. Hello iPhone 6, Watch
Sizes, prices and all – but not for the wrist-o-puter
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.