Philips decided to sell its PC monitors activity

[Russell]

Unlike television brand, Philips LCD screens have never attracted much. Aware of this lack of popularity, the brand Dutch decided to divest its activity monitors. " The terms of the agreement specify that Philips will transfer its PC monitors activity in TPV Technology.Meanwhile Philips said he would focus more on developing its television division.

Philips LCD TV 20PFL3403


TPV Technology will therefore take charge of the distribution, marketing and global sales of screens under the brand name in exchange Philips, TPV will pay royalties to Philips. TPV will pay royalties to Philips. In 2007, this activity at Philips has generated 600 million euros.

[kattman]

from my point of view but rather to be like Sony and focus on the duel of the television show