http://blogs.wsj.com/source/2013/01/29/philips-exits-consumer-electronics/
Sad to see such an iconic brand as Philips announce that they are leaving the CE business. They have been a very large presence in audio, video and especially accessories for such a long time. CE is such a competitive business that it really favors companies such as Apple and Samsung who have streamlined the manufacturing and selling aspects to extremely profitable lengths.
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