Thomson SA provides a range of video (and enabling) technologies, systems, finished products and services to Media & Entertainment (M&E) industry. As of December 31, 2008, Thomson’s activities were organized into three divisions: Technicolor (formerly Services), Thomson Grass Valley (formerly Systems and as of January 1, 2009, Thomson Connect) and Technology, and two additional segments: Corporate and Other. The Technicolor division offers end-to-end management of video-related services for its customers in the M&E industries. Thomson Grass Valley division supplies hardware and software technology for the M&E industry in the areas of production, delivery, management, transmission, and access. Technology division includes activities, such as corporate research, licensing of patents and trademarks, and software and technology Solutions. On September 1, 2008, Thomson and NXP combined their respective Tuners activities in a company, NuTune, of which Thomson holds 45% and NXP holds 55%.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Thomson SA's total revenue decreased 2% to EUR1.8B. Net income from continuing operations totaled EUR4M, vs. a loss of EUR71M. Total revenue reflects decreased demand for the Company's products and services in Technicolor and Thompson Connect business segments. Net income from continuing operations reflects improved gross margins and operating margins as well as decreased interest expense.