Who has acquired the audio and video business of Philips worldwide
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eAnswers Team
Funai Electric has acquired the audio and video business of Royal Philips Electronics. Funai is a Japan based company. The agreement that they have signed is worth of €150 million and a brand licence fee. This will give Philips a good expanding in emerging markets which also includes India.
shivang dubey
Royal Philips Electronics has signed an agreement with Japan’s Funai Electric to sell its audio, video, multimedia and accessories businesses for €150 million and a brand licence fee.With this deal, Funai now expects to get a boost in expanding its operations in emerging markets, including India.
eAnswers Team
Funai Electric has acquired the audio and video business of Royal Philips Electronics. Funai is a Japan based company. The agreement that they have signed is worth of €150 million and a brand licence fee. This will give Philips a good expanding in emerging markets which also includes India.
shivang dubey
Royal Philips Electronics has signed an agreement with Japan’s Funai Electric to sell its audio, video, multimedia and accessories businesses for €150 million and a brand licence fee.With this deal, Funai now expects to get a boost in expanding its operations in emerging markets, including India.
eAnswers Team
Funai Electric has acquired the audio and video business of Royal Philips Electronics. Funai is a Japan based company. The agreement that they have signed is worth of €150 million and a brand licence fee. This will give Philips a good expanding in emerging markets which also includes India.
shivang dubey
Royal Philips Electronics has signed an agreement with Japan’s Funai Electric to sell its audio, video, multimedia and accessories businesses for €150 million and a brand licence fee.With this deal, Funai now expects to get a boost in expanding its operations in emerging markets, including India.