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January 30, 2013 01:55 am GMT
Philips, a brand well known for their televisions and optical media devices, is leaving the consumer electronics market and is now focusing on medical equipment and lighting. The company sold its CE business to the Japanese manufacturer Funai Electric Co. for $201 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Pdes6nKxZFo/
Philips Bows Out Of Consumer Electronics Business
Philips, a brand well known for their televisions and optical media devices, is leaving the consumer electronics market and is now focusing on medical equipment and lighting. The company sold its CE business to the Japanese manufacturer Funai Electric Co. for $201 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Pdes6nKxZFo/
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