Audio Video News

Philips will no longer sell television sets in the North American market. Instead it will license its Philips and Magnavox brand names to Funai, which makes TVs for Wal-Mart among others. The license is for five years. Other Philips consumer product businesses in North America will not be affected.

By December of this year, home-theater-in-a-box systems may be able to record television programs, archive digital videotape on recordable DVDs, and perform other technical feats now possible only with megabuck gear.

Philips has been slowly pulling out of the entertainment side of consumer electronics, but they're still a major player in the lighting industry. This year's Times Square Ball is going to be bigger, brighter, and surprisingly greener than...

Funai. Get used to it. Philips had pulled out of the TV-making business in the US and Canada and pulled out Australia and New Zealand monts ago. It still handles design and manufacturing for the European market, its home field. They turned that...

Philips has just released their latest Pronto remote - the TSU9800. Figure the "TS" in the model number stands for "Touch Screen" - maybe? The TSU9600 features a very large 6.4" VGA display.  The large size makes the...

Five 'transparent businesses' will emerge from a reorganization of <A HREF="http://www.philips.com/">Philips Electronics</A>' consumer electronics operations, the company announced in late February. "The new organization will allow the businesses to react more quickly to their distinct market conditions and will allow for more flexibility in the structure," a company press release stated.

Royal Philips Electronics, the Dutch conglomerate, is selling a controlling interest of its 80-year-old TV division to Hong Kong based TPV Technology Ltd.

Philips will retain a 30 percent interest and receive royalties, but this clearly puts the Chinese company in the driver's seat. The TV division's 4000 employees will be transferred to the new company and no layoffs have been announced.