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Philips sells audio, video unit to Funai for $202 million

The company says the move of the consumer-focused entertainment group will allow for a stronger focus on its health division.

By January 29, 2013


Philips comes full circle with massive bet on lighting and health-tech

The 123-year-old Dutch company has ruthlessly cut ties with TV, audio, and the categories that have made it most famous. Can an ageing population put this venerable firm back on top?

By October 10, 2014


Philips bids farewell to consumer technology

Philips has reportedly sold off its entire consumer tech division to concentrate on medical and lighting equipment.

By January 29, 2013


Microsoft and Funai sign patent deal

Redmond and LCD maker swap patent licenses, giving Funai access to key Microsoft patents on exFAT file system, valuable in storing audio and video content.

By January 20, 2010


Look for Funai, not Philips, at CES 2009

Philips will not be exhibiting at the 2009 Consumer Electronics Show in Las Vegas.

By June 23, 2008


Funai to distribute Philips TVs in U.S., Canada

The Japanese electronics maker will pay a royalty to sell televisions under the Philips and Magnavox brand names.

By April 8, 2008


Microsoft sues TiVo...but not over Linux. Surprise!

Microsoft has an ax to grind against Linux, but it appears to be fighting for a customer, and not against Linux, in its TiVo lawsuit.

By January 21, 2010


Funai announces Blu-ray player for less than $300

Funai announces plans to release a Blu-ray player in the second quarter of 2008 for less than $300.

By January 8, 2008


Wireless high-def battle goes overseas

Though we've been promised the technology for years and it has yet to really hit the mainstream, wireless high-definition shows some signs of life at IFA.

By September 6, 2009


Honeywell TV maker files for bankruptcy protection

Another small TV maker finds it rough going in the current economic environment for consumer electronics, filing for Chapter 7.

By May 21, 2009