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Philips quits consumer electronics after 80+ years

Philips quits consumer electronics after 80+ years
  • Posted January 30, 2013, 7:30 AM by Shawn Knight | Filed in Industry News
  • Philips Electronics has decided to get out of the consumer electronics business as more than 80 years on the job. The Dutch company announced the sale of their audio, video, multimedia and accessories divisions to Japan’s Funai Electric Co. on…

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