Manufacturing/Packaging 
Philips returns to lighting roots, drop CE business
Keywords:LED consumer electronics semiconductor
[Summary of tips] Royal Philips Electronics announced Tuesday that it has sold business assets covering multimedia devices and accessories to Japanese firm Funai Electric in a cash and brand licensing deal worth $201.8 million.Its exit from the consumer electronics scene ends 80 challenging years for the Dutch company wherein it hit innovative m......Please login or register with us to view this article>>
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