NXP CEO says company targets EBIT margin of 5% to 15%
1st Sep 2006, 20:05 GMT
AMSTERDAM (MarketWatch) -- NXP, the semiconductor unit that Royal Philips Electronics NV (PHG) sold to a consortium of private equity firms, will stick to the operating margin targets that Philips has set for the unit, according to its chief executive, Frans van Houten.
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