Philips buys US iPod accessory firm

Philips is taking over a US company which supplies accessories – such as cables and loaders – for mobile music carriers like iPods. DLO booked turnover of $100m last year and is one of the biggest players in the market. The worldwide market for player accessories is currently some €4bn a year and growing by 10% annually, Philips said. Philips produces its own MP3 players.

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