Global electronics company Philips is predicting the demise of the humble VCR within three years -- coincidently announcing plans to launch its first DVD-Video recorder. Philips says the DVDR1000, ...

Consumer-electronics maker Philips is predicting the demise of the humble VCR as the company plans to launch its first consumer DVD player that also records onto the discs. Philips asserts that the ...

AMSTERDAM: Europe's top consumer electronics maker Philips said on Thursday it would have its video recorders made by a Japanese firm and cut 1,000 jobs. amsterdam: europe's top consumer electronics ...

Consumer electronics giant Philips said yesterday that it would stop selling the venerable video cassette recorder, after years of falling popularity of the technology. With DVD technology already ...

Philips Electronics NV said it will outsource its European videocassette-recorder production to Funai Electric Co. of Japan and slash 1,000 jobs. Europe's largest consumer-electronics company said the ...