Philips departs consumer electronics market; Funai to carry on Apple accessory line
After struggling to find its niche in the modern consumer electronics landscape for many years, Philips has thrown in the towel. The company went from offering TVs and MP3 players to focusing on accessories such as iPhone docks and stereo headphones. According to the Wall Street Journal, the remainder of the company's consumer-focused lines have been sold to Funai Electric of Japan.
Philips will focus on medical equipment and lighting, as those have recently made up the majority of the company's business. So if there's a Philips iPad-compatible alarm clock that you've had your eye on, now is the time to pick it up.
Philips bows out of the gadget world.
Deals of the Daymore deals
Software Updatesmore updates
- Poser 10 and Poser Pro 2014 available, bringing new characters, physics and more
- Agile Partners releases Lick of the Day 2.0
- Google announces new Hangout app to hit iOS today
- Microsoft Office for Mac 2011 Update 14.3.4
- Pixelmator 2.2 available with over 100 new features and improvements
- DabKick for iPhone lets you share photos, watch videos and now listen to music in real-time