Philips Q4 Profits Beat Estimates, Sells Audio, Video Units To Funai
From ValueWalk
January 29, 2013 - 12:48pm
Koninklijke Philips Electronics NV (NYSE:PHG) has released its fourth quarter earnings report and announced that it will sell off its audio/video unit to FUNAI ELECTRIC CO.,LTD. (TYO:6839). The company sold off its television business… to China’s TPV Technology Ltd. lastThe post Philips Q4 Profits Beat Estimates, Sells Audio, Video Units To Funai appeared first on ValueWalk.
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