Philips no longer selling TVs in Australia and New Zealand
16 SEP 2008
Philips recently announced they will be pulling the plug on their TV sales in Australia and New Zealand.
This follows on from Hitachi's exit earlier this year.
This shows just how cut-throat the retail market is for consumer electronics. By adding significant costs through middlemen, companies like Philips, Hitachi, and no doubt others down the track, are finding it very hard to remain competitive.
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