Electronic Products & Technology

Philips fourth quarter earnings hit by regulatory fines; sells entertainment arm to Funai

January 29, 2013  Staff

AMSTERDAM, NL – Royal Philips Electronics will sell its entertainment division to Funai Electric Co. of Japan for €150 million (euro) plus licensing fees, reports Toby Sterling of The Associated Press.

Print this page

Related Stories

Leave a Reply

Your email address will not be published. Required fields are marked *