Screens

Philips Won’t Sell TVs in North America Anymore

By Matt Buchanan on April 9, 2008 at 3:42 AM

If the rampant out- and cross-sourcing between LCD and plasma TV makers didn’t tell you that it’s a nasty and brutish time in the TV biz, this should: Philips is officially pulling out of the US market, and is licensing its brand name for TVs over to Funai—best known for supplying Wal-Mart’s Black Friday TVs and DVD players.

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