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Apr 10, 2008, 06:31 AM
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DriverHeaven Extreme Member
Join Date: Apr 2004
Posts: 7,275
Rep Power: 89   |
Magnavox TVs will be Funai TVs soon
Philips said that it will leave the U.S. television market in an effort to improve the profitability of its TV business. Funai has licensed the names Philips and Magnavox and will begin selling TVs under these brands beginning on September 1, 2008. Philips will receive royalty payments in exchange for Funai’s right to exclusively use the Philips and Magnavox brand names.
_________ Source: TG Daily |
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