Sema takes Olympic business jump to become games technology sponsor

Article Abstract:

Sema Group PLC has announced an 8-year, $220 million agreement to replace IBM as the Olympic Games' ranking technology sponsor. Sema engineers will rewire the Games' global interface of telecom systems, timing, event results, and broadcast feeds. Sema Group CEO Pierre Bonelli says he will not use the Games to market products, but does expect the Olympic deal to end the near-anonymity of the 16,500-employee computer systems integrator. The Anglo-French Sema Group is especially interested in gaining name recognition in the US, a market which was long closed to Sema due to its status as a subsidiary of Banque Paribas.

United Kingdom, Prepackaged software, Computer Software, Software Publishers, Marketing procedures, New orders received, Company Planning/Goals, Geographic, Promotion, Software, Marketing, Abstract, Sema Group PLC

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Philips shows faith in chip sector with big investment in Singapore

Article Abstract:

Philips Electronics NV plans to join forces with EDB Investments and Taiwan Semiconductor Manufacturing Co. to develop a new semiconductor manufacturing plant in Singapore, a possible sign that the industry may be revived after two dull years. The facility, whose construction should start in early 1999, is slated to begin creating logic chips during the second semester of 2000. Philips chief executive for the semiconductor division Arthur van der Poel predicted that the plant should reach full production capacity by 2003 in anticipation of a dynamic market for logic chips.

Comment:

Will join forces with Philips Electronics NV and Taiwan Semiconductor Manufacturing Co to develop a new plant in Singapore

Taiwan, Semiconductor and Related Device Manufacturing, Netherlands, Foreign operations, Joint ventures, Singapore, Silicon Wafers, Taiwan Semiconductor Manufacturing Company Ltd., Semiconductor wafers, Article, Philips Electronics NV, EDB Investments

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