Philips Bids Adieu to TV Business
Royal Philips announced that it will transfer its remaining 30% stake in TP Vision (its television joint venture with TPV Technology) to a fully-owned subsidiary of TPV.
Royal Philips announced that it will transfer its remaining 30% stake in TP Vision (its television joint venture with TPV Technology) to a fully-owned subsidiary of TPV.
Dolby Laboratories announced that it will release its first quarter 2014 financial results on January 23, 2014.
Sony Corporation of America announced that it is selling its Gracenote subsidiary to Tribune Company for $170 million.
Microsoft announced that worldwide sell through for the Xbox One video game console has surpassed two million units.
Funai Electric announced that it has filed an arbitration counterclaim against Philips for breach of contract and misrepresentation in its planed acquisition of the company’s Lifestyle Entertainment business.
Toshiba Corporation announced that it will close its LCD TV manufacturing plant in Dalian, China by the end of the year.
Taiyo Yuden announced financial results for the second quarter of its fiscal year ending March 31, 2014.
Singulus Technologies announced financial results for the third quarter of 2013.
Royal Philips Electronics announced that it will terminate it agreement to sell its Lifestyle Entertainment business (audio, video, multimedia, accessories) to Funai Electric.
Rovi Corporation announced financial results for its third quarter ended September 30, 2013.
Imation Corp. announced financial results for its third quarter ended September 30, 2013.