Feeds

Philips loses interest in navigation

Steers clear of crowded market

Build a business case: developing custom apps

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.®

The essential guide to IT transformation

More from The Register

next story
Reg man looks through a Glass, darkly: Google's toy ploy or killer tech specs?
Tip: Put the shades on and you'll look less of a spanner
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Now that's FIRE WIRE: HP recalls 6 MILLION burn-risk laptop cables
Right in the middle of Burning Mains Man week
One step closer to ROBOT BUTLERS: Dyson flashes vid of VACUUM SUCKER bot
Latest cleaner available for world+dog in September
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
HUGE iPAD? Maybe. HUGE ADVERTS? That's for SURE
Noo! Hand not big enough! Don't look at meee!
Samsung Gear S: Quick, LAUNCH IT – before Apple straps on iWatch
Full specs for wrist-mounted device here ... but who'll buy it?
AMD unveils 'single purpose' graphics card for PC gamers and NO ONE else
Chip maker claims the Radeon R9 285 is 'best in its class'
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.