Dutch Royal Philips has signed a binding letter of intent with TPV Technology Limited to expand to Philips-branded audio and video products and accessories.
Sharp reported to leave European TV market
Japanese CE manufacturer Sharp will stop making and selling LCD televisions in Europe according to various reports.
Philips to transfer remaining 30% stake in TP Vision to TPV
Royal Philips has signed a term sheet to transfer its remaining 30% stake in TP Vision, the television joint venture with TPV Technology, to a fully owned subsidiary of TPV.