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NXP Borrows $200M

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NXP Semiconductors of Eindhoven, the Netherlands, has drawn $200 million of its available revolving credit. The company said that this was a proactive decision based on the current economic crisis. It had already withdrawn $400 million from the credit facility in November 2008.Read full article

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    Published: February 2009
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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