Philips stops monitor production

Tuesday 08 July 2008

Dutch electronics giant Philips announced on Tuesday that it will stop manufacturing computer monitors.

It has signed a licencing agreement with TPV Technology in Hong-Kong which will produce monitors for the global market under the Philips brand name.

Philips already has a similar agreement with the Japanese company Funai for the production of televisions for the American market.

© DutchNews.nl

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