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Funai Gets Boost From Blu-ray, Converter Boxes

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Old 11-19-2008, 05:45 PM   #1
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Default Funai Gets Boost From Blu-ray, Converter Boxes

Didn't see this posted over here.

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DVD player sales fell from the previous year's $189 million to $128 million, and video recorder sales dropped from $25.6 million to $11.3 million.
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Blu-ray Disc players and step-top converter boxes for the United States accounted for $78.4 million and $146.6 million, respectively.
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Old 11-19-2008, 05:47 PM   #2
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Funai BD player revenues more than 50% of DVD player revenues.
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Old 11-19-2008, 06:48 PM   #3
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That is a good sign, but is that sold to store revenue?

If so, that will also be good news since it means there are a lot of BD players made by them that will likely get discounted even more with the current economy to sell them if the stores already bought them.
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Old 11-19-2008, 07:20 PM   #4
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Originally Posted by PFC5 View Post
That is a good sign, but is that sold to store revenue?

If so, that will also be good news since it means there are a lot of BD players made by them that will likely get discounted even more with the current economy to sell them if the stores already bought them.
Funai is a contract manufacturer. They don't sell a BD player with their name on it (Funai).

They have just signed a deal with Phillips to do the marketing and sales of their products in the USA (HDTV's and BD players).

Philips and Magnavox brands licensed to Funai

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by Darren Murph, posted Nov 19th 2008 at 6:58PM

If you were a bit confused as to how Funai planned on boosting its Q4 numbers with sales of Blu-ray players, maybe this will clear things up. Effective January 1, 2009, Philips Consumer Lifestyles will "license its Philips and Magnavox brands to Funai for Blu-ray Disc players, DVD players, DVD recorders and home cinema products in the US." With the onset of the new year, Funai will take responsibility for the "manufacturing, distribution, marketing and sales activities" for all of the above mentioned items, and of course, Philips will receive royalty payments in exchange. The agreement is set to last for three years with a possibility of extension, and once the transformation takes place, Philips Consumer Lifestyles' "On The Go" portable wares will be the only ones it exclusively offers without any assistance from Funai.
http://www.engadgethd.com/2008/11/19...nsed-to-funai/

Last edited by Lee Stewart; 11-19-2008 at 08:00 PM.
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