Delivering on our business commitments
Delivering on our business commitments
Delivering on our business commitments
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<str<strong>on</strong>g>Delivering</str<strong>on</strong>g> <strong>on</strong> <strong>our</strong> <strong>business</strong> <strong>commitments</strong><br />
Scott McGregor<br />
President and Chief Executive Officer<br />
Semic<strong>on</strong>ductor Divisi<strong>on</strong>
Summary of today<br />
• Our near-term focus is to achieve profitability by Q4 by executing <strong>on</strong><br />
<strong>our</strong> 2003 strategy and recovery plan<br />
• Our l<strong>on</strong>ger-term focus is profitable growth. We will achieve this by:<br />
– Focusing <strong>on</strong> C<strong>on</strong>nected C<strong>on</strong>sumer applicati<strong>on</strong>s<br />
– Further developing partnerships for manufacturing and technology<br />
– Executing <strong>on</strong> <strong>our</strong> customer intimacy strategy with leading customers in<br />
<strong>our</strong> selected high-growth markets<br />
Semic<strong>on</strong>ductors<br />
52
Summary of today<br />
We have shown:<br />
• That we will drive growth by focusing <strong>on</strong><br />
C<strong>on</strong>nected C<strong>on</strong>sumer applicati<strong>on</strong>s<br />
– Leveraging the Nexperia™brand<br />
– In close partnership with other divisi<strong>on</strong>s of<br />
Philips and other leading customers<br />
– Nexperia-based soluti<strong>on</strong>s are succeeding in<br />
the market today<br />
• We are <strong>on</strong> target to achieve profitability in Q4<br />
Semic<strong>on</strong>ductors<br />
53
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