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back to article Philips turned off by monitor business

Royal Philips Electronics will transfer its entire monitor and IT displays business to Hong Kong-based company TPV Technology Limited. TPV will assume responsibility for sourcing, distribution, marketing and sales of all Philips’ IT Displays activities worldwide and can exclusively use the Philips brand name, in exchange for …

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  1. Cavehomme
    Pirate

    The slide continues

    Yet another European company is incapable of producing and successfully selling their own kit. It has been the same with this company for the past few years. Bl@@dy lazy all these companies, it is easier to do a deal with some revenue share rather than do all the hard work yourself. Europe will become an irrelevant producer of goods AND services within 10-20 years at this rate. Lazy MBA slobs.

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  2. Sean Aaron

    Too bad

    Here was me buying Philips when possible to support a major European consumer electronics company. Not much point in the future is there?

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  3. Maryland, USA

    Philips will be missed

    by me, at least. Back in the 90s, when nearly every CRT maker began to cut corners, Philips continued to include features like 5BNC connectors and convergence controls for both horizontal and vertical axes. Such is the price for trying to do what's right.

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