Audiokarma.org
Audiokarma Featured Sponsor

Go Back   AudioKarma.org Home Audio Stereo Discussion Forums > General Audio Discussion


We appreciate your help

in keeping this site going.
Reply
 
Thread Tools Display Modes
  #1  
Old 01-29-2013, 11:15 AM
GP49 GP49 is offline
AK Member
 
Join Date: Jan 2006
Posts: 1,061
Philips exits the audio business: "underperformer"

> Royal Philips Electronics NV (PHIA), 50 years after unveiling the
> compact cassette for music mixtapes, agreed to sell its audio and
> video unit to focus on more profitable cancer scanners and
> energy-saving light bulbs.
>
> Japan’s Funai Electric Co. will pay 150 million euros ($202 million)
> in cash and a license fee for the Lifestyle Entertainment unit, said
> Amsterdam-based Philips, which also invented the compact disc with
> Sony Corp. The deal is part of a revamp that helped quarterly
> profit beat analysts’ estimates.
>
> Philips Chief Executive Officer Frans van Houten is pushing the
> manufacturer into high-margin areas such as lighting products that
> save energy and health- and wellness offerings to move away from its
> consumer-electronics past...
>
> “Lifestyle entertainment has been an absolute underperformer in the
> consumer lifestyle business,” said Rabobank analyst Hans Slob, who
> has a “buy” rating on the stock. “It’s definitely positive news Van
> Houten is taking more steps to improve the margins, by divesting this
> low-margin business.”
>
> The deal for the audio unit will probably close in the second half of
> 2013, while the video business will transfer in 2017 because of
> intellectual property licensing arrangements, Philips said.

Philips Sells DVD Business as Health Demand Boosts Profit
Reply With Quote
  #2  
Old 01-29-2013, 12:30 PM
1tumbleweed's Avatar
1tumbleweed 1tumbleweed is offline
Kozmik Kowboy
 
Join Date: Oct 2011
Location: Colorado foothills
Posts: 4,483
Philips has had problems in the consumer electronics arena for decades. The story in the industry is that, in all the years they owned Magnavox (and associated US TV business), they never made a dime. They ended up selling that business to Funai as well.

I was a rep for Marantz during the period that they were owned by Philips, and everyone seemed in agreement that the best thing that ever happened to Marantz was getting away from Philips. Some people forecast doom for the Denon/Marantz affiliation, but it certainly seems to have worked out so far - for both companies.

Funai is a very sharp company. They first started making inroads into the US by making VCRs sold under other brand names, and have edged their way bit by bit. Their stuff is by no means cutting edge, but it's not junk, either.

By the way, one of the first things I learned while selling Marantz was the comment, "Stop anyone on the street in Europe and ask them what Philips makes, and they'll tell you light bulbs."
__________________
It's not what you look at that matters, it's what you see.
- Henry David Thoreau
Minds are like parachutes; they work best when open.
-- Thomas Dewar, Scottish businessman
Shut up 'n play yer guitar.
-Frank Zappa
Reply With Quote
  #3  
Old 01-29-2013, 12:41 PM
mr_fred's Avatar
mr_fred mr_fred is offline
AK Member
 
Join Date: Jan 2012
Location: Phoenix, Arizona, USA
Posts: 759
too bad -- I had a nice Philips shortwave radio during my time in the Peace Corps (Liberia, 1976-78). Truly, it was a great radio.
__________________
When in doubt, listen to John Coltrane or Bill Evans (the pianist, not the other guy).
Reply With Quote
  #4  
Old 01-29-2013, 12:43 PM
coonmanx coonmanx is offline
AK Member
 
Join Date: Mar 2011
Location: Colorado Springs
Posts: 2,120
I have a couple of Philips flash drives. Nothing in the way of audio equipment.
__________________
Technics SU-V6 Integrated Amplifier
Carver Sonic Hologram Generator, Model C-9
Speakerlab 1s - Bought them in 1980
Realistic 31-2020 Equalizer (10 band)
Reply With Quote
  #5  
Old 01-29-2013, 12:59 PM
typesix typesix is offline
AK Member
 
Join Date: Mar 2010
Location: Massachusetts
Posts: 232
My mom had a Magnavox VHS/DVD combo unit made by Funai(it's still made) that had the VHS die within a year and the DVD quit two years later despite only been used less than 10 plays. Lot of online horror stories with Funai made stuff of recent years .
Reply With Quote
Audiokarma
  #6  
Old 01-29-2013, 01:02 PM
33&athird's Avatar
33&athird 33&athird is offline
Turn on & Tune in
 
Join Date: Aug 2009
Location: Lexington, Kentucky
Posts: 5,383
Never really listened to much of Philips gear, the one thing that I have is a Magnavox CD player, which is quite nice, but I attribute that to Magnavox. Also have(had) a Philips/Magnavox TV that lasted a good long while, pretty decent stuff.

Just checking the philips wiki page to check some years, I had no idea it was founded to sell moving-coil speakers, which the founders invented...all the way back in 1918
__________________
Setup: Pioneer Sx-727, Infinity Rs-325, JBL Lx44, Magnavox fd-1041, Grado sr-60i, upgraded Little dot I+, Pioneer Pl-7 Pioneer Sx-3800 A-T ATH-ESW9A
Quote:
Originally Posted by Boulderdash
The proper system for listening to Electric Wizard or Sleep would be a wall of Sunn stacks at 11
Beware Geeks baring .Gifs
Reply With Quote
  #7  
Old 01-29-2013, 01:09 PM
reggaenaut's Avatar
reggaenaut reggaenaut is offline
AK Member
 
Join Date: Jan 2006
Location: Brooklyn NY
Posts: 8,065
Philips just could not compete against the Asian Power houses. The emergence of South Korea has exacerbate the struggle.
__________________
Blind tests reveal audio truths.

If you ride like lightning you will crash like thunder ~ Big Youth

Last edited by reggaenaut; 01-29-2013 at 02:01 PM.
Reply With Quote
  #8  
Old 01-29-2013, 01:16 PM
frommerstop's Avatar
frommerstop frommerstop is offline
AK Member
 
Join Date: Jun 2012
Location: Detroit
Posts: 2,150
My first CDP was a Sylvania branded top loader made by Philips... it still works, some 30 years later! I used to have a really nice 80wpc integrated amp by Philips too, I can't recall the model... 386 maybe?, not sure, but it was a great amp, much better than the run of the mill Japanese stuff from the late seventies.
__________________
KEF 107/2,Bryston 4Bst,ARC SP9II,Rega Planet,WTT/Sumiko Blackbird
Quad ESL63,Spectral DMA50/DMC6,Sony NS999ES,Sota/SumikoSHO
Crown ES224,Lux M12s,AristonRD40
Reply With Quote
  #9  
Old 01-29-2013, 01:18 PM
Battra92 Battra92 is offline
AK Member
 
Join Date: Dec 2012
Posts: 410
Quote:
Originally Posted by 1tumbleweed View Post
By the way, one of the first things I learned while selling Marantz was the comment, "Stop anyone on the street in Europe and ask them what Philips makes, and they'll tell you light bulbs."
Kind of like GE over here. :P

Well, maybe not around here (close to the capital region of NY) since GE had manufacturing plants in Western MA and in Schenectady NY people seemed to be loyal to GE. When my wife and I were house shopping most of the older houses had several vintage GE appliances. Kind of neat to see how they evolved over the years, style wise.

The only Phillips product I ever had success with was a DVD player I got on Woot that, thanks to a few button presses, is region free and will convert PAL to NTSC.
__________________
Reply With Quote
  #10  
Old 01-29-2013, 01:24 PM
1tumbleweed's Avatar
1tumbleweed 1tumbleweed is offline
Kozmik Kowboy
 
Join Date: Oct 2011
Location: Colorado foothills
Posts: 4,483
Quote:
Originally Posted by frommerstop View Post
I used to have a really nice 80wpc integrated amp by Philips too, I can't recall the model... 386 maybe?, not sure, but it was a great amp, much better than the run of the mill Japanese stuff from the late seventies.
Very nice amp, I remember seeing one of those years back. Magnavox-era Philips design, made in Japan but likely not by Marantz.
__________________
It's not what you look at that matters, it's what you see.
- Henry David Thoreau
Minds are like parachutes; they work best when open.
-- Thomas Dewar, Scottish businessman
Shut up 'n play yer guitar.
-Frank Zappa
Reply With Quote
Audiokarma
  #11  
Old 01-29-2013, 01:57 PM
chicks's Avatar
chicks chicks is offline
phool
 
Join Date: Dec 2008
Location: The Big Valley, CA
Posts: 13,298
I built some speakers way back in the late '60's - early '70's using Philips drivers, IIRC a 1" dome and an 8" mid/woofer.

Only current Philips product is one of their earliest CDP's. Still works flawlessly.

__________________
I hear music, mighty fine music
Reply With Quote
  #12  
Old 01-29-2013, 02:02 PM
ebacon ebacon is offline
AK Subscriber
 
Join Date: Jan 2012
Posts: 2,825
I briefly owned a Philips PC sound card a little over ten years ago. The software was buggy as hell so I changed to a Creative Labs SoundBlaster.
Reply With Quote
  #13  
Old 01-29-2013, 02:02 PM
Arkay's Avatar
Arkay Arkay is offline
AK Member
 
Join Date: Dec 2005
Location: Hong Kong
Posts: 19,996
I have a 54" Phillips Plasma TV on in the room as I'm typing this. It works great! These models were a little more expensive than some when they first came out, but were known for picture quality. The built-in sound isn't bad for TV sound, either (although I use other devices for better sound quality, as most people do). They sold well enough initially, but I don't think they kept up with the competitors like Samsung when it came to lowering prices, though, and over time became marginalized.

Years ago, a similar thing happened with CD players. Phillips had some of the best CD drives ever made for a few years --some of them were OEM'd into some big-bucks name-brand hi fi units-- but after a while they lost the edge to competitors making larger numbers of cheaper units. I have one of those CD players, and it still sounds good. Also a DCC player that likewise works (when I can be bothered to use it; too few tapes to make much use of it! LOL).

A little sad to see them leave this market, but it's understandable. Companies need to focus on where they are competitive, and cut business lines where they aren't. "Survival of the fittest" applies to corporate life, just as much as to organic life.
__________________
“Sitting in a room, alone, listening to a CD is to be lonely. Sitting in a room alone with an LP crackling away … is enjoying the sublime state of solitude." -Henry Rollins

Last edited by Arkay; 01-29-2013 at 02:06 PM.
Reply With Quote
  #14  
Old 01-29-2013, 02:07 PM
Battra92 Battra92 is offline
AK Member
 
Join Date: Dec 2012
Posts: 410
Quote:
Originally Posted by chicks View Post
I built some speakers way back in the late '60's - early '70's using Philips drivers, IIRC a 1" dome and an 8" mid/woofer.

Only current Philips product is one of their earliest CDP's. Still works flawlessly.

I really wish there was a modern CD player or transport that looked like that. I would certainly buy that. Why can't gear look cool like that instead of black boxes? :P
__________________
Reply With Quote
  #15  
Old 01-29-2013, 02:08 PM
coonmanx coonmanx is offline
AK Member
 
Join Date: Mar 2011
Location: Colorado Springs
Posts: 2,120
I forgot that my Speakerlabs use Philips soft dome tweeters which are really nice. Goldwood is now making copies of them. My Avid 102s which are in the need of cabinets right now also use Philips tweeters.
__________________
Technics SU-V6 Integrated Amplifier
Carver Sonic Hologram Generator, Model C-9
Speakerlab 1s - Bought them in 1980
Realistic 31-2020 Equalizer (10 band)
Reply With Quote
Audiokarma
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 10:11 AM.



Friends of Audiokarma
We appreciate your help in keeping this site going.
Stereo Repair World
Herbies Audio Lab
Vintage Home Audio
Amps and Sound
Pro DJ Headphones - click here
Organ Donor Parts
Wargos Electronics
Parts Connexion
Sonneteer
Take Five Audio
Sound Stage Direct
Audio Salon
AudioClassics
Audience AV
AV Solutions
Simply Speakers
Tone Arm Audio
BD Enterprise
Musical Paradise
Howard Products
Classic Sound Repair
FM DX Antenna
McIntosh Cabinets
Siliconray
BOI Audio Works
Vinyl Magic Record Cleaner
Amplifiedparts
Grant Fidelity
RSL Speakers
Yesterday's Audio
Urban Antigue Radio
DeWick Repairs
Many Moons Audio
Vintage Electronics Repair
The Tube Store
Politicalchat.org
Audio Doctor
Antique Radio Classifieds
MCM Electronics
Videokarma.org
   
   
Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
©Copyright 2002-2014 AudioKarma.org, All rights reserved.