End of an era: Philips sells off consumer electronics division

By Mark Raby – Philips used to be a titan of consumer electronics, dating back to the 1930s when it was the top seller of radios. It then later invented audio cassette and VCR, and was later responsible for creating the CD medium. It would go on to be a successful supplier of DVD and Blu-ray players. There’s just one problem — almost all of those product categories rely on the necessity of physical medium. Philips was unable to reorganize its company to face the digital revolution. more> http://tinyurl.com/ac2795u


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s