European-style restructuring
Article Abstract:
Europe's leading electronics companies, Philips Electronics NV and Siemens AG, are planning large-scale restructurings. In 1991, both companies also made massive changes, laying off 60,000 and 40,000 workers respectively. The 1991 reorganizations focused on cost-cutting, and did not result in added growth. In 1997, both companies plan to again reengineer their enterprises, but they are focusing more closely on making strategic cuts while fostering new growth and new products. Both companies are also trying to develop new attitudes and new energy to compete effectively in a new business environment. Radical market changes such as the convergence of computers, communications equipment and consumer electronics are posing new challenges to companies with long successful histories. Siemens is concentrating on the systems integration business, while Phillips is focused on a consumer electronics market strategy.
Publication Name: Electronic Business Today
Subject: Electronics and electrical industries
ISSN: 1085-8288
Year: 1997
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Building a better bug trap
Article Abstract:
Formal verification, an electronic design automation (EDA) approach, is expected to reduce the time and cost required to design ICs. Formal verification consists of a set of tools which use mathematical expressions to verify that an IC design has adhered to its specifications. These tools can verify that a revised design is functionally equivalent to a reference or previous design. They are expected by EDA market watchers to become as important as simulation tools currently are. The formal verification market is expected to grow from $15 million in 1996 to some $200 million within 10 years, according to Compass Design Automation. Although the software is priced from $60,000 to $150,000 per seat currently, the company believes every member of a design group will eventually have a formal verification seat.
Publication Name: Electronic Business Today
Subject: Electronics and electrical industries
ISSN: 1085-8288
Year: 1996
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Vanishing research dollars
Article Abstract:
The US government, which in the past has funded much basic research through its national and defense laboratories, should end its shortsighted practice of slashing the basic research defense budget, especially now that major corporations are cutting down on basic research as well. The Star Wars defense initiative led to the development of high-energy lasers for commercial applications, so basic research does yield profits if a long view is taken. National laboratories are essential to help companies carry out long-range research projects, which even the wealthiest companies are cutting out because long-range research promises no immediate return of revenue.
Publication Name: Electronic Business Today
Subject: Electronics and electrical industries
ISSN: 1085-8288
Year: 1997
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