Royal Philips Electronics announced that it will sell its Lifestyle Entertainment business (audio, video, multimedia, accessories) to Funai Electric for €150 million (US $205.25) and enter into multi-year brand license deal.
Funai Electric announced that it will continue to be the exclusive licensee for Philips consumer televisions and video products in North America, Mexico and select Latin American countries.
The U.S. International Trade Commission (USITC) announced that it will investigate a complaint filed by Walker Digital alleging that Blu-ray Disc (BD) players manufactured by Panasonic, Samsung, LG, Sony, Pioneer and others infringe a patent owned by the private research and development lab.
DisplaySearch announced that LCD TV brands and OEM/ODM makers plan to increase their Q3 2011 production in order to meet demand for the upcoming holiday season.
Rovi Corporation announced that it has licensed its interactive program guide (IPG) and parental control patents to Funai.
Panasonic and XpanD announced their new M-3DI specification, which details a common communication protocol between 3D active-shutter eyewear products and 3D-capable TVs, front projectors, computers and cinema systems.
DisplaySearch announced that the major LCD TV brands have lowered their first quarter 2011 production plans.
The P&F subsidiary of Funai Electric announced that it is introducing the Philips wireless HDMI BDP7580 Blu-ray 3D and PB9013 dual-screen portable Blu-ray Disc (BD) players at CES 2011 in Las Vegas.
VUDU announced that it will begin instant streaming of 3D movies to select 3D-capable HDTVs and Blu-ray Disc (BD) players.
Funai Electric Co., Ltd. and ActiveVideo Networks announced an agreement in principle for Funai to integrate ActiveVideo’s CloudTV platform into selected televisions and Blu-ray Disc (BD) players.
Blockbuster Inc. announced that its BLOCKBUSTER On Demand service is available on more than 100 devices – including Blu-ray Disc (BD) players, televisions, smartphones, DVRs and digital media adapters.
P&F announced that it is launching Philips Wireless Media Connect in its Philips 7700 and 5700 series of EcoTVs and BDP7520 Blu-ray Disc (BD) player.
P&F, a subsidiary of the Funai Electric Co., LTD, Inc., announcds that its latest Philips Blu-ray players (models 5320 and 7320) will feature BLOCKBUSTER On Demand, expanding the ways in which Blockbuster provides consumers with instant access to movies.
Vizio announced that the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. issued a ruling holding that certain work-around Vizio digital television products do not infringe U.S. Patent No. 6,115,074 (074 patent), which is owned by Funai Electric Co., Ltd. and Funai Corporation.
The U.S. International Trade Commission (USITC) announced that it has initiated an investigation based on patent infringement complaints by Freescale Semiconductor against Panasonic, Funai, JVC and various retailers.